IC-DISC FAQ

No. The IC-DISC was enacted by the Nixon administration in 1971 and was intended to provide incentives for U.S. Manufacturers to remain in the U.S. and employ American workers.

No. The IC-DISC is a separate legal entity. There is minimal effort needed from a company’s accounting or finance department.

No. The IC-DISC is a domestic entity and it can be incorporated in any state.

Absolutely.

Sales to Puerto Rico or other U.S. territories do not qualify as export sales for an IC-DISC.

Yes. Many distribution companies utilize an IC-DISC.

Yes.

Yes. In order to qualify, the property such as a ship or cargo container must be outside of the U.S. more than 50% of the time used.

Yes. Architects and engineers that design real estate and infrastructure projects abroad can certainly utilize and IC-DISC.