May CICR Analyzes Recent Micro-Captive Ruling

Don't miss the May issue of Captive Insurance Company Reports (CICR), which offers details of the US Tax Court's recent decision in Caylor Land & Dev., Inc. v. Comm'r, TC Memo 2021-30, a micro-captive case that is notable because of the way that risk distribution was attempted, as the Court found, and because of an unprecedented penalty imposed by the Internal Revenue Service. P. Bruce Wright and Saren Goldner, partners at Eversheds Sutherland in New York, break down all the facts of the case.

In the Newest Issue of CICR

• CICR Editor Emeritus Hugh Rosenbaum's interview with Chris Payne of CLIC Risk Retention Group, Inc., sheds light on the creation of a new cannabis group captive.
• Meet Nate Reznicek, head of distribution at International Re (I-RE), and read his insight into how small and midsized companies can take advantage of the same benefits of captive insurance that large corporations enjoy.
• Find out how obtaining financial strength ratings can play an important role for captives.

If you subscribe to CICR, you can access the May issue at the links below.

Vertafore ReferenceConnect Subscribers

• Caylor, the Latest Tax Court Victory for the Internal Revenue Service Involving a Micro-Captive
• CLIC: A Cannabis Group Captive Case Study
• With New Options Available for Small and Midsized Companies, Now Is the Time To Take Advantage of Captive Insurance
• Alternatives, Yes, but Some Captive Insurance Company Parents Find Benefits in Obtaining Ratings

IRMI Online Subscribers

• Caylor, the Latest Tax Court Victory for the Internal Revenue Service Involving a Micro-Captive
• CLIC: A Cannabis Group Captive Case Study
• With New Options Available for Small and Midsized Companies, Now Is the Time To Take Advantage of Captive Insurance
• Alternatives, Yes, but Some Captive Insurance Company Parents Find Benefits in Obtaining Ratings