The Domestic International Sales Corporation (“DISC”) and the Foreign Sales Corporation tax incentives each have their own unique benefits. Currently, the IRS Code provides two types of export tax incentives, the Interest-Charge Domestic International Sales Corporation (“IC-DISC”) and the Foreign-Derived Intangible Income (“FDII”) deduction.
For any questions about export tax incentives, including IC-DISC and the FDII deduction and tax legislation, contact your Cherry Bekaert professional or Mike Cornett.
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