What Goods Qualify for the IC-DISC Export Tax Subsidy?
Exporters of U.S. made goods can use an IC-DISC to reduce their U.S. tax by 10% or more of their profits on those goods. This export tax benefit is available only if the goods are at least partly manufactured in the U.S. and have at least 50% U.S. content. Both manufacturers and distributors of the goods can get the tax subsidy for exports. If the goods you export did not fully originate in the U.S., you may still qualify. Example: Read More