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Showing 61 to 70 of 155 results

Caylor, Wilson and Syzygy cases spell doom and gloom, says tax specialist

North America06-08-2018Insurance

Following the outcomes of Avrahami and more recently Reserve Mechanical, upcoming US Tax Court cases - Caylor v Commissioner, Wilson v Commissioner and Syzygy Insurance v Commissioner - are likely to suffer similar fates, spelling further IRS victories.

Capstone hits back at US Tax Court opinion in Reserve case

North America28-06-2018

Capstone Associated Services, the operator of Reserve Mechanical's risk pool entity Pool Re Insurance, has issued a second statement on the US Tax Court case following the opinion issued by Judge Kathleen Kerrigan.

Reserve Mechanical case "bears no resemblance to Avrahami", says JLT's Towle

North America26-06-2018Insurance

As the dust settles on the US Tax Court's latest ruling against a small captive, the captive insurance industry is still examining what the Reserve Mechanical Corp v Commissioner case means for the sector.

Small captives take another blow as US Tax Court favours IRS in Reserve Mechanical case

North America19-06-2018Insurance

In a decision that may place captive insurance companies under further scrutiny, the US Tax Court has ruled in favour of the IRS in the case of Reserve Mechanical Corp v Commissioner.

Tax reform positive for US captives but mixed bag for offshore

North America19-06-2018

Tax reform is generally positive for US-domiciled captives and a mixed bag for offshore captives, however it has not affected any credit ratings, according to an AM Best briefing.

US economy remains on positive trajectory; captives urged to invest in equities

Bermuda13-06-2018Insurance

The US economy is performing well and remains on a positive trajectory – but there are concerns over it overheating and the medium-term implications of the deficit, two notable economists agreed at a panel discussion held on Wednesday morning at the annual Bermuda Captive Conference, which is taking place at the Fairmont Southampton Hotel on Bermuda this week.

Vermont introduces onshore reinsurance alternative in wake of tax reform

North America17-05-2018Insurance

The State of Vermont has passed new legislation offering an onshore affiliated reinsurance alternative to insurers affected by the recent imposition of the Base Erosion Anti-Abuse Tax (BEAT) on reinsurance ceded to offshore affiliates.

UK anti-money laundering bill under fire from Cayman CEO

Cayman Islands03-05-2018

The UK House of Commons has passed a bill that would require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020.

Captives under fire again in IRS "Dirty Dozen" 2018 list

North America03-04-2018

The Internal Revenue Service (IRS) has concluded its annual "Dirty Dozen" list of tax scams for 2018, placing "abusive" microcaptives on there for the fourth consecutive year.

US tax reforms not expected to impact on captive formations

North America14-03-2018Insurance

The US Tax Cuts and Jobs Act 2017 represents the first major overhaul to federal taxes since 1986, and there are provisions that both US and international captives must be wary of. But changes are not expected to impact the numbers of captives formed.

Showing 61 to 70 of 155 results

Captive International