Wednesday, July 8, 2009, 11:00 am Eastern Time

The IC-DISC is a little-known tax break that can make your international profits more lucrative.   Please join us for a webinar on Wednesday, July 8, to learn how your company can benefit.

The IC-DISC tax benefit has been available to U.S. exporters for more than 35 years.  IC-DISC stands for interest charge - domestic international sales corporation, and it can create significant tax savings for those companies who use it wisely.  This webinar, organized by the U.S. Commercial Service in partnership with Chilton & Medley and Kentucky World Trade Center, is designed to help you determine if the IC-DISC is right for your company.  This webinar is for company Presidents, Finance Officers and International Marketing leaders. During the one-hour webinar, we will:

-          Learn the accounting basis of the IC-DISC.

-          Identify which export activities, property and assets qualify for IC-DISC benefits.

-          Quantify the savings opportunities for your company.

The featured speaker is Melanie Douglas of Chilton & Medley CPA, Louisville, Kentucky.  Melanie specializes in international tax consulting for companies and individuals.  She has extensive experience in tax research and writing and is an excellent speaker.

IC-DISC makes great sense for companies with $1 million or more in revenue from exports.  The exports must have at least 50% of their fair market value from U.S. sources.  Earnings from the sale of manufactured goods, architectural services, entertainment products and software qualify.  Although you will need a tax professional to establish the IC-DISC, it can pay for itself in a matter of months. 

Click here to REGISTER: https://emenuapps.ita.doc.gov/ePublic/newWebinarRegistration.jsp?SmartCode=9Q98

This event is organized by the U.S. Department of Commerce and supported by the Kentucky World Trade Center.