Maximizing retirement and estate planning with the IC-DISC

The interest charge domestic international sales corporation (DISC or IC-DISC) is a congressionally sanctioned tax incentive. The IC-DISC has been a prominent income tax planning tool for U.S. export companies and their shareholders. According to a recent estimate by the Joint Committee on Taxation, total tax savings for taxpayers that take advantage of the IC-DISC program for the subsequent 10 years are expected to be $5.3 billion. Recent appellate cases have now opened the door for the use of the IC-DISC in retirement and estate planning.