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
The US Internal Revenue Service (IRS) has won the latest microcaptive tax shelter case, involving Sani-Tech West and its captive, Clear Sky Insurance, created to cover shipping losses
The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within
CIC Services, a captive insurance manager and strategist, is urging the US Congress to swiftly overturn a new IRS rule that imposes additional restrictions on Section 831(b)
