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Guernsey adopts OECD’s global minimum tax rate for 2025
04 December 2024
Guernsey Reporter Diana Bui

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

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Meta captive seeks DoL approval for ERISA exemption
28 November 2024
US Reporter Diana Bui

The exemption would allow Meta’s health and welfare benefit plan to establish an insurance contract with Prudential Life Insurance Company of America

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ACPR publishes guide for captives in France
14 November 2024
France Reporter Diana Bui

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

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Paratus gains regulatory approval from GFSC
06 November 2024
Guernsey Reporter Clelia Frondaroli

The regulatory approval from the Guernsey Financial Services Authority is said to expand Paratus’ renewable energy insurance offering

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Dombek and Optimal barred from creating captive companies
05 November 2024
US Reporter Clelia Frondaroli

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

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IRS set to finalise micro-captive rules by 2025
09 October 2024
US Reporter Diana Bui

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

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Delaware to reduce insurance premiums in workplace safety programme
30 September 2024
US Reporter Diana Bui

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

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