Bloomberg BNA: Export Tax Incentive Planning

 

Bloomberg BNA recently requested that I present on the topic of the interest charge domestic international sales coproration ("IC-DISC"). The presentation will cover both the implementation of the IC-DISC structure, and maintenance of the DISC. Along with the typical IC-DISC basics, the presentation will go into detail on the following topics: 

 

  • Using IC-DISC strucuture for computer software clients

  • Use of IC-DISC structures for executive compensation structures

  • Use of IC-DISC in estate planning

  • IC-DISC Election [Form 4876A] considerations

  • Considerations when determining which state to set up IC-DISC

  • IC-DISC Commission Agreement requirements

  • What constitutes "manufactured" or "produced" within definition of Section 993. 

  • Methods to maximize the IC-DISC commission calculation

  • Section 482 as a valuable IC-DISC tool

More information about the presentation is provided at the BNA site, at the link below. 

 

Bloomberg BNA: Export Tax Incentive Planning

 

 

IRS CIRCULAR 230 NOTICE: ANY TAX ADVICE IN THIS COMMUNICATION IS NOT INTENDED OR WRITTEN BY HARLOWE & FALK LLP TO BE USED, AND CANNOT BE USED, BY A CLIENT OR ANY OTHER PERSON OR ENTITY FOR THE PURPOSE OF (i) AVOIDING PENALTIES THAT MAY BE IMPOSED ON ANY TAXPAYER OR (ii) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY MATTERS ADDRESSED HEREIN.