Abstract
The Foreign Sales Corporation Act of 1983 (FSC)1 was introduced in Congress on August 4, 1983 as a replacement for the embattled ten year old tax export aid, the Domestic International Sales Corporation (DISC).2 Given the criticism which has plagued DISC since its inception in 1971, this year's enactment of FSC is indeed a welcome change. However, as a solution to the DISC controversy under the General Agreement on Tariffs and Trade (GATT),3 or as a comparable incentive to DISC, FSC is arguably somewhat lacking.
ISSN
0093-0709
Recommended Citation
(1984)
"Foreign Sales Corporations: a Viable Solution to the Disc Controversy?,"
Syracuse Journal of International Law and Commerce: Vol. 11:
No.
1, Article 4.
Available at:
https://surface.syr.edu/jilc/vol11/iss1/4