First Page
459
Abstract
The significant tax incentive afforded by the DISC provisions requires all United States companies selling or leasing goods abroad, or rendering services abroad, to reappraise their present corporate and tax structures. Those companies that have not exported in the past or have done so on a limited basis should reconsider their prior positions and calculate the benefits to be derived from export transactions. Notwithstanding inherent complexities and uncertainties in the new law from a tax standpoint, export transactions are now more profitable to a United States company than comparable sales made within the United States. Additionally, the DISC provisions remove the tax discrimination which existed under prior law against United States manufacturers engaged in export activities through domestic companies.
Recommended Citation
William J. Chadwick,
The Disc Provisions: Tax Incentive to Increase Exports,
5 Vanderbilt Law Review
459
(1972)
Available at: https://scholarship.law.vanderbilt.edu/vjtl/vol5/iss2/16