Exportfsc.com

Title

Export Subsidy Services, Ltd. 800-243-1372

Description

Export Subsidy Services, Ltd. was formed by Mr. Robert Thornton shortly after the passage of the "Jobs & Growth Act of 2003", as a solution for former FSC clients to take advantage of the new tax planning opportunities potentially available to Small Exporters who were being legislated out of any form of Subsidy assistance for the first time since 1972. The change in the individual tax rate structure applicable to dividends under the Jobs & Growth Act of 2003, for the first time made the Structured IC-DISC concept a viable tax planning tool for Individuals as well as Roth IRAs.

Previously, Mr. Thornton, a Villanova University graduate, formed and operated Export FSC International, Ltd., which in early 1984 opened the first management office in St. Thomas offering only FSC Management services. The company grew over the years to become the largest of its kind to offer only FSC Management services to some 500 FSC clients until the FSC provisions were repealed by Congress in 2001. Mr.Thornton continued to monitor legislative changes and WTO responses , in anticipation of an event that could be of benefit to the former client base. This event occurred, quite unsuspectedly, in the form of the Tax Act of 2003, which granted benefits to all investors by reducing the Tax rate on Qualified Dividends.

( T.D. 7324, 9/27/74), define distributions as follows: "Any amount includable in a shareholder's gross income as a dividend with respect to the stock of a DISC.....pursuant to paragraph(b) of this section shall be treated as a dividend for all purposes of the Code, ......"

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English

Contact

Export FSC International
Albuquerque NM
United States 87111
NULL

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