Guernsey has enacted legislation to implement the OECD's global minimum tax rate of 15 per cent, known as Pillar 2, starting from 1 January 2025
The exemption would allow Meta’s health and welfare benefit plan to establish an insurance contract with Prudential Life Insurance Company of America
The ACPR aims to provide potential captive owners with critical information on the application process, requirements, expected timelines, and best practices for gaining regulatory approval
The regulatory approval from the Guernsey Financial Services Authority is said to expand Paratus’ renewable energy insurance offering
These injunctions will bar them from promoting any tax plan that involves creating sham management companies and assisting in the creation of captive insurance companies
The Internal Revenue Service (IRS) has announced plans to finalise its micro-captive regulations by mid-2025, as part of its 2024-2025 priority guidance
Delaware governor John Carney has signed SB 306 into law to update the workplace safety programme in the state, lowering criteria in insurance premiums to participate in the initiative