disc

(redirected from Domestic International Sales Corporation)
Also found in: Dictionary, Medical, Financial, Acronyms, Encyclopedia.
  • noun

Synonyms for disc

Synonyms for disc

something with a round shape resembling a flat circular plate

(computer science) a memory device consisting of a flat disk covered with a magnetic coating on which information is stored

References in periodicals archive ?
936 election applies; and (4) a domestic international sales corporation (DISC) or former DISC.
936 election applies or (4) a domestic international sales corporation (DISC) or former DISC.
927(e), which limit the amount of foreign-source income on FSC transactions to the analogous amount that would have been earned under the corresponding domestic international sales corporation (DISC) pricing rules, apply to transactions other than the sales of export property (such as lease, license or service giving rise to foreign trading gross receipts of FSCs) and commission agent FSCs.
was involved in the most notable redetermination of domestic international sales corporation and FSC commissions in 1994, resulting in a tax refund of over $350 million.
A similar study, interest-charge domestic international sales corporations (IC-DISCs), is prepared approximately every four years.