Better Business Webinar SeriesNews

IC-DISC: Learn How to Reduce Taxes on Export Income – LAEDC Better Business Webinar #5

By May 21, 2013 No Comments

LAEDC Better Business Webinar Series:


On May 21, 2013, we held the fifth webinar of  LAEDC’s new Better Business Webinar Series, which focused on how your export business can take advantage of the IC-DISC tax incentive.  IC-DISC is a valuable tax incentive for exporters of products made in the U.S, and is a benefit that many do not realize is available. Tax laws provide an opportunity for manufacturers to use an IC-DISC to reduce their taxes on export income.  We heard from Stephen Ragow from TRCG Advisors.

You can download a copy of the slides here.

You can view a recording of the webinar here.

Key Points:

  • In considering whether your company would benefit from IC-DISC, revenue is not the main factor but rather the proportion of foreign business and whether your company meets the 50% US content rule.
  • You are unable to take advantage of IC-DISC unless you register with the IRS.  Once registered, you can apply the credits going forward.

Helpful Links:

IC-DISC Audit Guide

IC-DISC Application Instructions