The Interest Charge Domestic International Sales Corporation (IC-DISC) provides a significant tax savings for qualifying U.S. exporters, which serves as a vehicle for export tax savings. Attend this webinar, led by Jim Fyhrie, a Fargo-based CPA and partner in the international tax advisory firm of WTP Advisors, and learn how you can position your company to take advantage of the IC-DISC. Who will benefit:Taxpayers who sell products produced, grown, manufactured or extracted in the United States and exported out of the United States and desire to reduce their taxable income. How it works:An IC-DISC is an entity that is not subject to the regular U.S. corporate income tax. The exporting company creates an IC-DISC. The exporting company pays the IC-DISC a commission for selling its product internationally. The commission is deducted by the exporting company at its marginal tax rate, and the IC-DISC pays no tax on the commission. Shareholders of the IC-DISC pay income tax at the dividend rate which is currently between 0% and 20%.Event Information:Date: Thursday, Dec. 8, 2016Time: 10:00am-11:00am
Thursday, December 8, 2016 10:00 AM - 11:00 AM
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