ICCIE unveils new captive tax course

The International Center for Captive Insurance Education (ICCIE) has announced a new course – ‘Taxation of Captive Insurance Arrangements’.

According to ICCIE the course will allow those who take it to unlock the complexities of captive insurance taxation and gain the knowledge needed to understand federal and state tax regulations. The course provides a deep dive into the tax treatment of captive insurance arrangements, including single-parent, group, non-US, tax-exempt, and cells.

Join industry experts in an interactive learning environment to explore key tax concepts, examine common misconceptions, and engage in practical discussions on tax calculations, Section 831(b) and Section 501(c)(15), IRS requirements, and more. By the end of the course, students will have a solid grasp of the tax principles affecting captive insurance companies.

Topics will include:

· Definition of "insurance" for US federal tax purposes, including for group captives

· Tax calculations if the captive arrangement is insurance, and if it is not

· Tax considerations of non-US captive arrangements

· Tax considerations for tax-exempt captive arrangements

· State tax issues and types of taxes to be aware of for the captive and the insured

· Section 831(b) election and Section 501(c)(15) qualification

· Tax determination of a cell captive company

· IRS tax requirements to ensure proper compliance

The course will be run on April 29 and then May 6, 13, 20. The registration deadline is April 22, 2025 or until full.

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