An IC-DISC, Interest Charge Domestic International Sales Corporation, is a federal income tax incentive that allows U.S. exporters (making or distributing U.S. manufactured, produced, grown or extracted products) to compete globally by reducing U.S. tax related to export profits.
The IC-DISC provides permanent federal income tax savings ranging from 5.8% to 21% depending upon the facts. Benefits are greatly enhanced when the IC-DISC commission is maximized. Maximizing the IC-DISC commission is usually synonymous with performing a Transaction by Transaction (TxT) calculation. At WTP Advisors, we’ve performed thousands of TxT calculations resulting in millions of dollars of sustained permanent cash savings for our clients. To date, all of our computations have been accepted by the IRS, most without any challenge whatsoever.
To find out more about the IC-DISC, please see What is an IC-DISC?
If you would like to learn more about the services WTP Advisors can provide your company; or see some real-life examples of how an IC-DISC provides real tax savings to an exporter, please see Services and Case Studies page.
Contact Us IC-DISC Services and Case Studies