Finance, Investments, and Accounting
Do Captives Save Money
Do captives save money? The answer is yes and no. Learn More
What Captive Owners Should Know About the 953(d) Tax Election
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. Learn More
Direct Procurement Taxes and Captive Insurance Compliance
Bruce Wright, partner at Eversheds Sutherland (US) LLP discusses direct procurement taxes in terms of captive insurer compliance. Read More
State and Local Income Tax Issues and Captive Insurance
State and local income taxes are an evolving issue that concerns captive insurers and that some states are challenging as they look for revenue. Read More
What Captive Owners Should Know About the Federal Excise Tax
Bruce Wright, partner at Eversheds Sutherland (US) LLP, discusses what captive owners should know about federal excise tax. Read More
Insights into the Avrahami and Feedback Decision
The US Tax Court decided two cases, Avrahami v. Commissioner and Feedback v. Commissioner, and the formation and operation of a captive insurer. Read More
Collateral for Captive Insurers
Martin Ellis, manager of Comerica Bank's Captive Insurance Group, says captive insurers mainly use letters of credit and reinsurance trusts for collateral. Read More