Hi All, I dont know if any of you work with manufacturing clients who sell products overseas. And they have created an IC-DISC company for the tax benefit of paying dividend income versus ordinary income on foreign sales/income. My question relates to an S corp for example with one owner who pays the commission to the IS-DISC, which is also owned 100% by the same owner. We are preparing a compilation report, with no notes. The compilation report is for the S corp, and it pays around 100k in commission to the IC-DISC. Do we back out the commissions from the compilation to show more income because this expense is going to the same owner because it is IC-DISC income? Any thoughts here. Thank you.