About Form 1120-IC-DISC, Interest Charge Domestic International Sales Corporation Return | Internal Revenue Service

About Form 1120-IC-DISC, Interest Charge Domestic International Sales Corporation Return

 

This is an information return filed by interest charge domestic international sales corporations (IC-DISCs), former DISCs, and former IC-DISCs.


Current revision


Recent developments


Schedules

Filers of Schedule K (Form 1120-IC-DISC), Shareholder's Statement of IC-DISC Distributions, use this schedule to report an actual or deemed distribution from an IC-DISC, former IC-DISC, or former DISC. It also reports deferred DISC income from an IC-DISC.

Schedule K (Form 1120-IC-DISC) PDF PDF​​​​​

Filers of Schedule P (Form 1120-IC-DISC), Intercompany Transfer Price or Commission, use this schedule to show the computation of taxable income used in computing the transfer price from a related supplier to an IC-DISC, or the IC-DISC commission from a related supplier.

Schedule P (Form 1120-IC-DISC) PDF

Filers of Schedule Q (Form 1120-IC-DISC), Borrower’s Certificate of Compliance With the Rules for Producer’s Loans, use this schedule to certify that the loan received from the IC-DISC qualifies as a producer’s loan.

Schedule Q (Form 1120-IC-DISC) PDF


Other items you may find useful