The Internal Revenue Service has named foreign captive insurance to its annual ‘Dirty Dozen’ list of potentially abusive tax arrangements
A threefold coalition of associations representing US property and casualty insurance companies has written a comment letter in response to the Internal Revenue Service’s proposed amendments to related party insurance income
The IRS has scope to improve its reviews of offshore insurance audits and investigations, as well as how it records and analyses the quality reviews of such investigations, according to a study by the U.S. Government Accountability Office
The US Department of the Treasury has submitted a proposal to the Office of Management and Budget for a data and information collection from property and casualty insurers regarding the Terrorism Risk Insurance Program
The Office of Chief Counsel of the Internal Revenue Service has revealed its plans to hire as many as 200 new attorneys as part of the agency’s contest with “abusive arrangements"
Micro captives have returned to the Internal Revenue Service’s annual ‘Dirty Dozen’ list of tax scams and abusive arrangements
The US Department of Justice has filed a civil antitrust lawsuit to block Aon’s proposed acquisition of Willis Towers Watson
The US Supreme Court ruling in the CIC Services case against the IRS has been described by Ryan Work, vice president, government relations at SIIA, as “an important victory” for the captive insurance industry
