Interest Charge on DISC-Related Deferred Tax Liability

Shareholders of Interest Charge Domestic International Sales Corporations (IC-DISCs) use Form 8404 to figure and report an interest charge on their DISC-related deferred tax liability. The interest charge is required by Internal Revenue Code section 995(f). IRS uses Form 8404 to determine whether the shareholder has correctly figured and paid the interest charge on a timely basis.

The latest form for Interest Charge on DISC-Related Deferred Tax Liability expires 2023-02-28 and can be found here.