This course will provide participants an in depth history of the many U.S. export tax regimes Congress has employed to stimulate outbound trade as well provide a thorough exploration of the last one remaining, the IC-DISC. Additionally, participants will learn which exporters are good candidates for the IC-DISC regime, how to plan, structure and set up the IC-DISC as well as how best to optimize the tax benefits provided by the IC-DISC regime. As a bonus, participants will learn IRS audit issues related to the IC-DISC and how to defend the IC-DISC under an IRS audit.
Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to email@example.com.
*Learn the history of U.S. export tax regimes
*Learn detailed concepts of the IC-DISC regime
*Understand the best way to structure and set up an IC-DISC
*Identify qualified export property
*Learn advance pricing rules of the IC-DISC regime
*Learn best practices for optimizing the IC-DISC regime
*Learn how to defend the IC-DISC under IRS audit
Legal, accounting, and finance professionals serving or employed by U.S. companies having direct and indirect exports of products and certain services