The Tennessee District Export Council provides leadership and international trade expertise to complement the U.S. Commercial Service’s export promotion efforts. We represent the interests of the U.S. exporting community and provide business counseling on the export process, trade education through seminars and events and community outreach to encourage Tennessee firms to export.
We follow a value and results-driven approach to serve as a model for fellow District Export Councils nationally and adhere to the goals of:
1. Promoting export opportunities
2. Advocating trade promotion policies
3. Supporting businesses in developing export successes
We invite you to browse through our site, attend our events, and use us as a resource to grow your exports.
News & Updates
Governor Haslam proclaims the month of May 2017 as World Trade Month
IC-DISC (Interest Charge - Domestic International Sales Corporation
What is an IC-DISC?
The Internal Revenue Service provides an opportunity for U.S. exporters to reduce their income tax liability under an interest charge domestic international sales corporation ("IC-DISC").
What is an Export?
Any item that is sent from the United States to a foreign destination is an export. How an item is transported outside the United States does not matter in determining export license requirements.
We all live in a world where we are continually asked for more data. Every retail store wants your email address and more. Big Brother is watching us. My wife recently picked up a pair shoes on display in a shoe store where she regularly shops. She didn’t buy them, but before we had even gotten home she had a text message from that store with a picture of the exact shoes she was looking at, asking her to reconsider, this time with a discount. Really? How did it (they) know? We won’t ponder that here, but suffice it to say that our activities are being watched.
First, we should get some legal stuff out of the way. INCOTERMS® is a registered trademark of the International Chamber of Commerce, registered in several countries. Given ICC’s sensitivity to their ownership of this trademark, we should always respect it with the appropriate symbol, i.e. ®.