Domestic International Sales Corporation

 

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Domestic International Sales Corporation

A type of U.S. corporation, authorized in 1971, with income primarily from exports. Usually wholly owned U.S. subsidiaries, DISCs had special treatment in borowing or taxation. A 1976 GATT case found against the U.S., which reached a compromise settlement with the EC in 1981. DISC was replaced in 1984 by foreign sales corporations.



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Further Suggestions

International financial institution
Domestic International Sales Corporation (DISC)
International Bank for Reconstruction and Development (IBRD)
London International Financial Futures and Options Exchange (LIFFE)
International arbitrage
International Stock Exchange of the UK and the Republic of Ireland (ISE)
International macroeconomics
Internationalization
FTSE International
Morgan Stanley Capital International (MSCI)
International Depository Receipt (IDR)
International finance subsidiary
International Bank for Reconstruction and Development (IBRD)
Ministry of International Trade and Industry
international fund
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