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Captive tax increase under consideration in NY
11 March 2014
New York Reporter Mark Dugdale

A proposed tax reform in New York could result in a significant tax increase for captives, according to Sutherland Asbill & Brennan LLP...

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South Dakota makes captive changes
10 March 2014
Pierre Reporter Mark Dugdale

A new bill revising aspects of South Dakota’s captive insurance legislation has been signed into law. South Dakota governor Dennis Daugaard signed HB 1051, an act to revise certain provisions regarding the regulation of captives, into law...

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A proposal too far
07 March 2014
Washington DC Reporter Stephen Durham

The CCIR have objected to a proposal within the Obama administration’s fiscal year 2015 budget that would deny a tax deduction for certain reinsurance premiums paid to foreign-based affiliates by domestic insurers. Should the proposal carry through

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Party could soon be over for New York captives
04 March 2014
New York Reporter Stephen Durham

New York tax reform could empty captive companies’ wallets, if it goes ahead as planned...

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Irish captives must confirm compliance
24 February 2014
Dublin Reporter Stephen Durham

Ireland’s central bank has told captive entities that they must provide it with written statements that they are adhering to certain regulations...

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Vermont continues captive evolution
20 February 2014
Vermont Reporter Stephen Durham

Vermont has introduced a bill called the Vermont Legacy Insurance Management Act (LIMA), which has the potential to drive millions of dollars into the state’s economy...

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Unease gathers around Canadian captive industry
12 February 2014
Vancouver Reporter Stephen Durham

Canadian captive insurance vehicles may be in for a rough ride in the wake of the majority government’s budget...

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