exportusa

Please allow me to start over. Hello everybody and thank you for your interest in my post regarding exporter tax incentives (IC-DISC). Our website is becpartners.com.

I'd like to address some of Raymor's comments:

1) The IC-DISC is alive and well and has been a part of and in compliance with the tax code since the early 80's.

2) Yes, laws can change. If the laws do change to where the incentive is lessened or zeroed out, then operating companies can simply close down their IC-DISCs and everybody moves on. The tax savings outweighs by a multiple the cost of implementing and maintaining an IC-DISC. If the IC-DISCs need to be shut down, money is not lost. What is lost is the future opportunity to save money on taxes.

3) The IC-DISC is not complicated to set up with our full service turn-key IC-DISC solution. We handle just about everything. We incorporate the IC-DISC. We calculate and maximize, via proprietery models, the export commission and tax savings via the tax code. We perform all accounting functions of the IC-DISC. We prepare and sign off on all IC-DISC tax returns, which means we assume professional liability for our work. We perform all of these services and manage the IC-DISC for its entire existence, which we hope is a long time as a result of our clients' continued and growing business. Very little work is required on the part of our clients or their accountants.

4) You do not need to book your international sales through the IC-DISC. You continue to do business as usual in your operating company, including your international sales. Based upon your operating company's international sales and profitability, we calculate the maximum amount of export commission that can be paid to the IC-DISC. The sole purpose of the IC-DISC is to collect this export commission and distribute it to the operating company's shareholders at a 15% tax rate. The IC-DISC does not need to perform any other service or do anything else.

5) A biller like Paypal, CCBill or even NATS or MPA could not set up an export company as they are not qualified exporters under the IC-DISC incentive. The website owner is the one exporting the qualified product (content). Additionally, the IC-DISC needs to be owned by the shareholders of the operating company in the same percentages as the operating company.

In summary, if you own a website that has non-US subscribers, call us and we'll let you know if you qualify for the IC-DISC tax incentive. With a few quick calculations we can also give you an idea of what the tax savings would be if you had an IC-DISC. And most importantly, if you choose to hire us to implement your IC-DISC, you can be assured that the cost of doing so will be handsomely outweighed by the tax savings.

Feel free to contact me directly.

Brian