Connecticut representative Joe Courtney has introduced the Casualty Loss Deduction Restoration Act to provide citizens with financial relief following losses from unexpected disasters
Governor Phil Scott (pictured) has signed new legislation, Bill H.76, into law, making several updates to Vermont’s captive insurance law on 8 May
South Africa’s Prudential Authority has fined energy captive Escap SOC R5 million for breaching section 167(1) of the Financial Sector Regulation Act 9 of 2017
The U.S. Treasury Department and IRS have issued proposed regulations to identify certain micro-captive transactions as "listed transactions" and "transactions of interest"
The Council of the EU has adopted the proposed European Union Corporate Sustainability Reporting Directive
The Internal Revenue Service has filed a petition with the US District Court for the Middle District of Florida, Tampa Division to enforce summonses to investigate tax liability in a captive insurance transaction
The State of Connecticut Insurance Department has made several amendments to its existing captive insurance legislation, all of which will come into effect on 1 July