Event Overview
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
Presenters:
Chris Stroh, J.D., LL.M, International Tax Senior Manager | Eide Bailly
Christopher has more than 11 years of experience working with clients in the international tax area at multiple professional service firms. He has assisted clients in a variety of cross-border issues and has specific knowledge of global transfer pricing and various tax credits. Christopher also has experience with U.S. federal and state tax returns, as well as U.S. and local-country business law, including treaty analysis.
Mark Griswold, CPA, International Tax Senior Manager | Eide Bailly
Mark has more than 15 years of public accounting experience providing tax consulting and compliance services. He works in a variety of industries, including international taxation, real estate, manufacturing and professional services. Mark has a significant background with S corporations and Limited Liability Companies, as well as thorough experience with IC-DISCs, including compliance and commission calculations.
CPE Information
CPE Credit: 1
Field of Study: Taxes
Level of Knowledge: Overview
Delivery Method: Group-Internet Based
Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Amy DeGeorge.
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