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admin | Category: Shipping Container Dimensions | 05.06.2014
Implementing an IC-DISC would significantly reduce the 2013 federal income tax liability for the company. A metal recycler sold more than $7 million of ferrous and non-ferrous metal to China and India during the last six months of 2013. Implementing an IC-DISC would significantly reduce the 2013 federal income tax liability for the metal recycler while not altering the normal course of operations.
ETM provided personalized solutions and a turn-key IC-DISC implementation on June 5, 2013, and fully utilized ETMa€™s proprietary transaction-by-transaction optimization to maximize federal income tax savings.
Above: Bike photographs from Bakfiets en Meer blog - City Cycling News and Opinions from Amsterdam. Likewise, a transaction-by-transaction optimization would further increase the federal income tax savings in 2013.


Although the price of both ferrous and non-ferrous metal were volatile throughout 2013, the metal recycler was still very profitable.
Likewise, a transaction-by-transaction optimization would significantly increase the federal income tax savings in 2013. The implementation of the IC-DISC alone saved the company $95,000 for the second half of 2013. Metal recycler was planning significant expansion into the export market, and Export Tax Management, Inc. By also utilizing ETMa€™s proprietary transaction-by-transaction optimization, the company saved an additional $80,000. By also utilizing ETMa€™s proprietary transaction-by-transaction optimization, the company saved an additional $100,000.


The overall federal income tax savings of $175,000 that was generated by the IC-DISC was used to provide additional working capital and increase ferrous and non-ferrous inventories for metal recycler. The overall federal income tax savings of $255,000 generated by the IC-DISC was used to fund R&D and finance much of the necessary plant expansion as well as purchase new machinery.



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