Confirming the insurance industry's view of risk distribution in a reinsurance situation, the Internal Revenue Service recently issued Revenue Rule 2009-26.
Following the tumultuous tax issues that dominated 2007 into 2008--changes that could have altered the captive industry--this year by comparison has been relatively tame
The IRS declared that in a limited partnership, the general partner is the insured, while in a multimember limited liability company, the LLC is the insured. If there is more than one general
IRS Seeks Feedback On Captive TaxationLoans to captive parent, risk homogeneity, cells and finite insurance examinedThe federal Internal Revenue Service is seeking comments from ...