Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Domestic International Sales Corporal

A U.S. corporation, esp. a subsidiary WHOSE income is primarily attributable to exports. s, Income tax on part of a DISC's income is USU deferred, resulting in a lower overall corporatftax for the parent than it would otherwise, incur. IRC (26 USCA) ยงยง 991-997 - Abbr. DISC.