The Interest Charge Domestic International Sales Corporation (IC-DISC) offers numerous tax incentive opportunities for U.S. exporters. Among its many benefits, IC-DISC producer loans stand out as a powerful tool for businesses aiming to improve cash flow while maximizing tax efficiency. This article explores how these loans work, their benefits, and key considerations for businesses looking… Read More
As a mid-sized company focused on high-quality irrigation systems, GreenFlow Irrigation Supplies was seeking new ways to grow its international presence while minimizing its tax burden. With $30 million in total revenue, including $12 million in international sales, GreenFlow recognized the opportunity to leverage the Interest Charge Domestic International Sales Corporation (IC-DISC) structure to reduce… Read More
Answering Key Questions on Dividends, Commissions, and Tax Implications The Interest Charge Domestic International Sales Corporation (IC-DISC) program is a valuable tax-savings vehicle for U.S. exporters. By using an IC-DISC, companies can convert a portion of export income into qualified dividends, potentially reducing their tax burden significantly. But to fully utilize these benefits, it’s crucial… Read More
Establishing a business presence in the United States as a foreign entity can be complex, with multiple options available depending on your business’s nature and scale. Here’s a quick overview of the primary structures you can consider: subsidiaries, branches, and partnerships or LLCs.… Read More
Argentina’s agricultural sector is a crucial component of its economy, contributing about 7% of GDP through the production of beef, wine, soy, and wheat. However, farmers are increasingly challenged by climate change impacts such as reduced rainfall, prolonged droughts, and extreme weather events. To address these issues, there is a growing demand for efficient irrigation and water conservation technologies.… Read More
In the sector of international trade and finance, optimizing tax efficiency represents a significant competitive advantage for businesses. As the principal of a boutique tax firm specializing in IC-DISC, I am committed to cultivating strategic alliances with exporters, Certified Public Accountants (CPAs), and financial institutions (banks).… Read More
In 2022, Mexico witnessed unprecedented growth in its demand for packaging machinery and materials, reaching historic highs. … Read More
Navigating tax incentives can be complex, and one opportunity that often goes unnoticed by food and beverage distributors is the Interest Charge Domestic International Sales Corporation (IC-DISC). Here’s why many distributors may not realize they qualify and how they can benefit:… Read More
Foreign Derived Intangible Income (FDII) is a tax provision established by the Tax Cuts and Jobs Act (TCJA) of 2017 (§250(b)) to incentivize U.S. companies to earn income from exporting goods and services, while discouraging profit shifting to lower-tax jurisdictions.… Read More
A U.S. person owning shares in a foreign corporation may be subject to GILTI (Global Intangible Low-Taxed Income) tax, but this depends on several factors related to your ownership in the foreign corporation. Here’s what you need to consider…… Read More