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Showing 81 to 90 of 155 results

Stability and team approach are Cayman's strengths, says IMAC panel

Cayman Islands19-09-2017

One of the strengths of the Cayman Islands as a domicile is its team approach to captives, according to Julie Robertson, partner and chair at Honigman Miller Schwartz and Cohn.

Avrahami got "almost everything wrong", says Capstone

North America07-09-2017

The US Tax Court ruled against captive owners and jewellers Benyamin & Orna Avrahami on August 21 in a case long-anticipated by the captive industry.

831(b)s take a blow as US Tax Court favours IRS in Avrahami case

North America22-08-2017Insurance

In a decision that may place 831(b) captive insurance companies - or microcaptives - under further scrutiny, the US Tax Court has ruled in favour of the IRS in the case of Avrahami v Commissioner.

US captives are switching domiciles to avoid self-procurement taxes

United States11-08-2017Insurance

With around 35 to 40 states having now passed some form of captive legislation, more captives are redomiciling to their home state, according to Bill Mourelatos, director of Aon Insurance Managers (Vermont).

Victories in 831(b) cases would prompt IRS to target larger captives

United States11-08-2017Insurance

The scrutiny that some types of captives – in particular 831(b)s – face from the IRS is unlikely to go away, and advisors must get smarter about how they educate clients, according to Anne Marie Towle, captive consulting practice leader at JLT Insurance Management, speaking at the Vermont Captive Insurance Association’s (VCIA) annual conference in Burlington, Vermont.

FERMA proposes ‘consistent implementation’ guidelines for OECD BEPS

Global20-06-2017Insurance

The Federation of European Risk Management Associations (FERMA) has proposed guidelines for captive re/insurance arrangements aimed at ensuring a consistent implementation of the OECD recommendations on Base Erosion and Profit Shifting (BEPS).

OECD BEPS convention will “close loopholes in thousands of tax treaties worldwide”

Global08-06-2017Insurance, Reinsurance

Ministers and high-level officials from 76 countries and jurisdictions have signed a multilateral BEPS convention to close loopholes in tax treaties and reduce opportunities for tax avoidance by multinational enterprises.

Puerto Rico is ‘open for business’ despite bankruptcy concerns: PRIIA

Bermuda, Cayman and Caribbean22-05-2017Insurance, Reinsurance

The Puerto Rico International Insurers Association (PRIIA), an industry trade group, has assured that its international insurers are ‘open for business’ in spite of the fact the island is filing for voluntary bankruptcy.

OECD updates country-by-country reporting status

Global08-05-2017Insurance

The Organisation for Economic Co-operation and Development (OECD) has made a significant step in implementing country-by-country (CbC) reporting with a new wave of activations of automatic exchange relationships.

CIC Services criticises IRS after micro-captive injunction denied

North America28-04-2017Insurance

The US District Court for the Eastern District of Tennessee has denied the request of captive managers and consulting firms CIC Services and Ryan to seek injunctive relief from Notice 2016-66.

Showing 81 to 90 of 155 results

Captive International