Tax Breaks for Businesses: Discovering the Benefits of the IC-DISC
CTP
DECEMBER 28, 2023
in foreign markets, you may want to introduce this lucrative tax incentive: the interest charge domestic international sales corporation, more commonly known as the “IC-DISC.” The benefit of creating an IC-DISC is that some or all of the taxable income from export sales will be taxed at a lower rate—namely, the qualified dividend rate.
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