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November 16, 2023, Budget and Finance Committee Board of Trustees Live Oak Event Center Nov 16, 2023 1:00 PM 1:45 PM Stable of Contents I. Agenda..................................................................................................................................4

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What is disc-1 investment portfolio?

The DISC-1 investment portfolio is a reporting form used to disclose the investments of a Domestic International Sales Corporation (DISC) in order to assess compliance with tax regulations.

Who is required to file disc-1 investment portfolio?

Entities classified as Domestic International Sales Corporations (DISCs) that engage in foreign sales or export activities are required to file the DISC-1 investment portfolio.

How to fill out disc-1 investment portfolio?

To fill out the DISC-1 investment portfolio, you need to provide detailed information about your investment assets, liabilities, and income generated from those assets, following the guidelines provided by the Internal Revenue Service (IRS).

What is the purpose of disc-1 investment portfolio?

The purpose of the DISC-1 investment portfolio is to report the financial activities and investments of DISCs, ensuring proper compliance with tax laws and facilitating the identification of qualified export activities.

What information must be reported on disc-1 investment portfolio?

The DISC-1 investment portfolio must report information including the types and values of investments, income from foreign sales, expenses, and any other relevant financial data pertaining to the DISC's operations.

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