Marc Gerson Quoted in CFO.com Regarding IC-DISCs
Subtitle
"Last Tax Break Standing"
Subtitle
"Last Tax Break Standing"
CFO.com
Marc Gerson comments on renewed interest by businesses in IC-DISCs (interest charge-domestic international sales corporations). Finance executives considering establishing IC-DISCs "should carefully monitor the potential for future legislative changes," says Gerson, noting that in the past Congress has considered legislation that would change the vehicles' tax treatment.