Choosing the Right Tool: Comparing IC Discs with Other Tax Planning Structures While IC Discs offer unique tax benefits for exporters, it’s essential to consider alternative tax planning tools such as foreign sales corporations (FSCs) or domestic international sales corporations (DISCs). Each structure has its advantages and limitations, and the optimal choice depends on the […]
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IC Disc Compliance and Reporting
Navigating Compliance: Ensuring IC Disc Tax Benefits through Proper Reporting Maintaining compliance with IC Disc regulations is crucial for companies to ensure the continued tax benefits of this structure. Adhering to specific compliance and reporting requirements is essential for companies with an IC Disc entity to avoid penalties and maintain eligibility for tax benefits. Filing […]
Tax Savings Strategies with IC Disc
Unlocking Tax Benefits: Strategies to Maximize Savings with IC Disc Implementing an Interest Charge Domestic International Sales Corporation (IC Disc) can provide significant tax planning opportunities for companies engaged in exporting. Understanding and leveraging tax-saving strategies with IC Discs is essential for maximizing the benefits of this unique tax structure. Maximizing Deferral of Export Income: […]
IC Disc Qualification Criteria
Unlocking Tax Benefits: Understanding IC Disc Qualification Criteria for Exporters Establishing an Interest Charge Domestic International Sales Corporation (IC Disc) can provide valuable tax benefits for U.S. companies engaged in exporting goods or services. Understanding the qualification criteria for IC Discs is essential for businesses looking to leverage these tax incentives. Qualifying Export Activities: To […]
IC Disc Benefits for Exporters
Maximizing Tax Savings: The Advantages of Utilizing IC Discs for Exporters Interest Charge Domestic International Sales Corporations (IC Discs) offer significant tax benefits for U.S. companies engaged in exporting goods or services. Understanding the advantages of utilizing IC Discs can help exporters optimize their tax positions and improve their bottom line. Tax Deferral: One of […]
Understanding IC Disc Basics
Demystifying IC Discs: A Primer on Interest Charge Domestic International Sales Corporations Interest Charge Domestic International Sales Corporations (IC Discs) are a valuable tax planning tool for U.S. companies involved in exporting goods or services. Understanding the basics of IC Discs is essential for businesses looking to optimize their tax positions and enhance their competitiveness […]
OECD vs. U.S. Profit-Split Method Guidance Differences and Similarities
Our second article in a series on the profit split method (“PSM”), “The Profit-Split Method: A Comparison of U.S. and OECD Guidance,” published in Tax Notes International on April 24, 2023. We describe what multinational enterprises (MNEs) must understand to navigate the differences and similarities between the U.S. Treasury’s transfer pricing regulations (“U.S. Regs”) and the […]
Introducing the Profit Split Method – To Apply or Not to Apply, This is a BEPS Question.
Guy Sanschagrin and Doug Schwerdt’s article “Introducing the Profit Split Method – To Apply or Not to Apply, This is a BEPS Question” ran in the March 27, 2023, issues of Tax Notes International and Tax Notes Federal. The article examines nuances of the profit split method (PSM), including its origins and when it should […]
Was the right Transfer Pricing method used in Medtronic vs. Commissioner?
Guy Sanschagrin, CPA/ABV was asked to weigh in about the recent decision in Medtronic v. Commissioner and whether the Court applied the right transfer pricing solution to the profit allocation of the case. In Tax Note’s August 23, 2022, article “Medtronic’s Unspecified Method Raises Specific Questions”, written by Alexander F. Peter, Sanschagrin states that a more […]
Take A Break from Your Daily Grind with our Six-Question SALT Transfer Pricing Quiz!
The 2022 SALT Transfer Pricing Quiz is anything but your run-of-the-mill test of knowledge. The Quiz, based on our January 2022 two-part Tax Notes State article, “SALT Transfer Pricing — What You Need to Know,” contains everything you need to know to swiftly grind out correct answers to the six multiple-choice questions and win a red, white, […]