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OECD publishes second phase of peer reviews of Action 13
06 September 2019
Brussels Reporter Maria Ward-Brennan

OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 country-by-country

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CIC Services’ petition for en banc review of IRS Notice 2016-66 denied
29 August 2019
Tennessee Reporter Becky Bellamy

CIC Services’ petition for an en banc review of its challenge against the IRS Notice 2016-66 has been denied by the US Court of Appeals for the Sixth Circuit

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VCIA: Lavelle shares his views on Syzygy’s court case
08 August 2019
Burlington Reporter Maria Ward-Brennan

The big problem in the Syzygy court case was when the premiums decreased, the taxpayer switched captive managers, which according to Chaz Lavelle, “is what the court was concerned about”

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Artex granted motion to dismiss class action lawsuit
08 August 2019
Arizona Reporter Rebecca Delaney

Artex Risk Solutions and other captive insurance providers have secured a victory in a class action lawsuit at the US District Court for the District of Arizona—Phoenix Division

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KPMG evaluates IASB’s proposed IFRS 17 amendments
18 July 2019
Amstelveen Reporter Rebecca Delaney

KPMG has published an analysis of IASB’s proposed amendments to IFRS 17

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TRIPRA expiration could result in ratings downgrade, says A.M. Best
14 May 2019
New Jersey Reporter Ned Holmes

The possible expiration of TRIPRA could result in a potential rating downgrade in ratings for P&C insurers, and therefore captives, according to A.M. Best

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North Carolina captive act amendments delayed
01 May 2019
North Carolina Reporter Ned Holmes

Legislation proposing amendments to the North Carolina captive act, including the addition of a premium tax holiday for captives redomesticating to the domicile, has been delayed by the state’s House Insurance Committee

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