The US Tax Court case involving PoolRe, a risk pool entity operated by Capstone Services, bears “no resemblance to the Avrahami case”, according to Anne Marie Towle, JLT Insurance Management captive practice leader
Capstone has disputed the US Tax Court opinion that PoolRe Insurance, a risk pool they operate, was not a “bona fide insurance company” and described it as a disservice to the captive industry
Micro captives have been named on the Internal Revenue Service (IRS) ‘Dirty Dozen’ list of tax scams for the fourth consecutive year
The tax shelter micro captive bubble is set to burst in 2018, resulting in large numbers of such companies to surrender their licenses, as many did last year, predicts Jay Adkisson, partner at Riser Adkisson
Celia Clark, the lawyer who formed the Avrahamis’ micro captive Feedback, has weighed in on the court's decision to deny the Avrahamis’ motion for reconsideration.
Judge Mark Holmes has denied the Avrahamis’ motion for reconsideration concluding that at least one policy was so “ill-drafted” that it was both a claims-made and an occurrence policy
Captive manager CIC Services and Texas-based tax firm Ryan have lost their battle with the Internal Revenue Service (IRS) after a Tennessee judge dismissed their case
Clark & Gentry PLLC will close its captive operations as of 31 December this year
As the IRS’ battle against micro-captives continues, industry experts discuss the latest settlement offer made by the IRS and what its next move could be
Turnberry Isle played host to the first major captive conference of the year, welcoming 330 delegates to Florida to explore what may be in store for captives over the course of 2019
Delaware backed up an ace 2017 with steady growth last year, and with the recent addition of the conditional licensing leglisation the domicile’s growth looks set to continue
In June, the US Tax Court’s ruling in the Reserve Mechanical case signified another win for the IRS in its campaign against micro captives. Find out how the industry reacted
Michael Low and Alan Fine preview the Western Region Captive Insurance Conference, break down what the schedule has to offer, and discuss what delegates can expect
Eric Lark of Kerr Russell discusses group captives, what they offer and their best practices, emphasising the importance of members educating themselves on all aspects of captives
The IRS’s attempt to put a stop to unlawful micro captives means legitimate captives will be caught up as collateral, Vivian Hoard, partner at Taylor English, explains that good captives need to stand up and fight their case
Dan Towle, president of CICA, discusses what attendees can expect from this year’s conference in Arizona
