Introduced by Congress in 1971 to stimulate U.S. exports, Interest Charge Domestic International Sales Corporations (IC-DISCs) remain a robust tax planning tool. They offer substantial permanent tax savings and deferral opportunities for American companies, underscored by recent tax reforms preserving preferential treatment for qualified dividends and long-term capital gains.… Read More
Factoring accounts receivable (A/R) via an IC-DISC presents a powerful avenue for companies engaged in exporting to amplify their tax savings. Here’s an overview of how this strategy operates at a high level:… Read More