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CIC Services vows to continue fight against Notice 2016-66
30 May 2019
Tennessee Reporter Ned Holmes

CIC Services has vowed to continue its fight against Internal Revenue Service (IRS) Notice 2016-66, following the denial of its challenge in the US Sixth Circuit Court of Appeals last week

CIC Services' IRS Notice 2016-66 appeal denied
24 May 2019
Tennessee Reporter Ned Holmes

CIC Services’ challenge of Internal Revenue Service (IRS) Notice 2016-66 has been denied by the US Sixth Circuit Court of Appeals

Micro captives listed on IRS dirty dozen list for fifth time
20 March 2019
Washington DC Reporter Ned Holmes

The IRS has listed micro captives on its dirty dozen list of "tax scams to avoid" for the fifth consecutive year

Challenge of Notice 2016-66 by CIC Services underway
08 November 2018
Ohio Reporter Ned Holmes

Oral arguments have been heard in CIC Services’ challenge of IRS Notice 2016-66, at the US 6th Circuit Court of Appeals in Cincinnati, Ohio

CIC Services continue in efforts to block IRS Notice 2016-66
02 July 2018
Cincinnati Reporter Ned Holmes

US captive manager CIC Services is continuing in its efforts to block implementation of Internal Revenue Service (IRS) Notice 2016-66

Micro captives feature on dirty dozen for fourth year
20 March 2018
Washington Reporter Ned Holmes

Micro captives have been named on the Internal Revenue Service (IRS) ‘Dirty Dozen’ list of tax scams for the fourth consecutive year

CIC Services: IRS court case ruling ‘disappointing’
06 November 2017
Tennessee Reporter Becky Butcher

CIC Services has said losing its court case to the Internal Revenue Service (IRS) was “disappointing”

CIC and Ryan lose battle against IRS
03 November 2017
Tennessee Reporter Barney Dixon

Captive manager CIC Services and Texas-based tax firm Ryan have lost their battle with the Internal Revenue Service (IRS) after a Tennessee judge dismissed their case

Features
Full feature search for "Notice 2016-66"
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Finding it taxing

Insurance tax professionals discuss the current tax and regulatory landscape of the captive industry, including the OECD’s BEPS plan and IRS scrutiny of micro captives

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Relocation, relocation, relocation

Industry experts discuss why companies are choosing to redomesticate their captives and the opportunities it provides them

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The letter in question

Phil Karter, Scot Kirkpatrick and Patrick McCann of Chamberlain Hrdlicka discuss the IRS’ letter, which raises more questions about captive audits in an already certain time

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IRS’ decision under the pandemic magnifying glass

Ryan Work of SIIA discusses the IRS’ ‘ill-timed’ letter to captive insurance companies and the future of business risk as many US states started to institute stay at home orders

Interviews
Full interview search for "Notice 2016-66"
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Sean King
CIC Services

Sean King of CIC Services discusses the firm’s upcoming case against the IRS in the Supreme Court, what a win would mean for the industry, and the support they are receiving from the captive insurance industry throughout this legal process

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Jeremy Colombik
MSI

Jeremy Colombik of MSI and NCCIA chair explains to Becky Butcher that Notice 2016-66 could be detrimental to not just North Carolina, but other domiciles that are home to smaller captives

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John Dies
alliantgroup

The IRS has increased its scrutiny of captives, but those that follow the rules have nothing to worry about, as John Dies of alliantgroup tells Becky Butcher

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Dennis Harwick
CICA

As the sun sets on his tenure as CICA president, Dennis Harwick explains why this adolescent industry is wiser than its years

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