The Hong Kong government has proposed an amendment bill that would extend the scope of insurance businesses eligible for the reduced concessionary tax rate of 8.25 percent
The Guernsey Committee for Economic Development has reviewed incorporated cell company legislation and advised a number of new amendments, according to Walkers
The Internal Revenue Service has decided that it benefits from blurring the lines between good and bad rather than clarifying them, according to Sean King of CIC Services in reaction to the new IRS settlement scheme for micro captives.
OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 country-by-country
CIC Services’ petition for an en banc review of its challenge against the IRS Notice 2016-66 has been denied by the US Court of Appeals for the Sixth Circuit
The big problem in the Syzygy court case was when the premiums decreased, the taxpayer switched captive managers, which according to Chaz Lavelle, “is what the court was concerned about”
Artex Risk Solutions and other captive insurance providers have secured a victory in a class action lawsuit at the US District Court for the District of Arizona—Phoenix Division