Finance, Investments, and Accounting

What Is FATCA and How Do Captives Handle It?

October 16, 2024

Foreign Account Tax Compliance Act (FATCA) mandates captives, especially non-US ones, to follow US reporting rules on international payments and transactions. Captives must identify and report US-related payments, with specific requirements based on their classification as financial or nonfinancial entities. Compliance aims to ensure transparency regarding foreign assets owned by US persons. Read More


What Captive Owners Should Know About the 953(d) Tax Election

September 25, 2024

Bruce Wright of Eversheds Sutherland explains section 953(d) of the Internal Revenue Code, which allows non-US captive insurers to be taxed as domestic companies. He discusses the election process, potential termination, and the importance of compliance, advising protective returns if an audit threatens the 953(d) election. Read More


Why Cash Flow Is Key for Captive Insurers

August 29, 2024

Cash is king. This is especially true for captive insurers, since they typically have fewer margins for error. Captive board members should understand their captive's cash flow, so let's discuss some key areas for exploration and understanding. Read More


Do Captives Save Money

August 1, 2024

Do captives save money? The answer is yes and no. Read More


Pro Forma Financials for Captives

July 16, 2024

Pro forma financials provide an assessment of the expected financial results for the proposed captive insurance company. Read More