Piedmont Water Company has filed a lawsuit against the Internal Revenue Service (IRS) in US Tax Court over the disallowance of US$507,000 in tax deductions tied to its captive insurance arrangement
Kansas has become the latest US domicile to authorise protected cell captive insurance companies after Governor Laura Kelly signed House Bill 2334 into law earlier this month
It seeks to overturn a new IRS rule that CIC Services says closely resembles a previous regulation already struck down in court
The US Internal Revenue Service (IRS) has extended penalty relief for taxpayers and advisors involved in certain micro-captive insurance transactions
The 831(b) Institute has called on the Internal Revenue Service (IRS) to extend the deadline for new reporting regulations under Section 831(b) of the Internal Revenue Code
Dorset Peak Solutions (DPS) has filed for a restraining order to block Oxford Risk Management Group from proceeding with a restructuring of its Bermuda-based captive insurance operations
The Arkansas House of Representatives has passed legislation to establish a state-owned captive insurance company to provide property cover for public schools, colleges, universities and state-owned buildings