Eide Bailly Inspired Perspectives | International Tax: Export Tax Incentives

Course Description: As your business grows internationally, it is important to consider available tax incentives. During this webinar, we will explore two tax incentives available to exporters, IC-DISC and FDII. The Interest Charge Domestic International Sales Corporation, more commonly known as the IC-DISC, is an export incentive available for U.S. manufacturers, distributors, growers, and producers, as well as engineering and architectural service providers on foreign projects. The IC-DISC allows certain U.S. businesses to reduce their overall tax liability through a commission mechanism. Profitable businesses with at least $1 million of revenue from an exported product or service that is made primarily in the U.S. are prime candidates. Join us to learn more about this export incentive and how you can determine your eligibility. Foreign Derived Intangible Income (FDII) is a tax incentive available to C corporations that export goods or services. We will discuss what exports qualify for this benefit and how the benefit works. Learning Objectives: Discuss the IC-DISC and who qualifies Identify how this incentive could benefit your business Review FDII and how it impacts your situation