Taxation
"Insurance Risk" Defined by IRS
Internal Revenue Service ruling specifies types of coverage that do not qualify as insurance risk for determining tax-deductibility of premiums paid to a captive insurer. Read More
US Tax Court: Securitas a Bona Fide Captive Insurance Arrangement
US companies are entitled to premium and interest expense deductions if a captive is created for business purposes, an opinion of the US Tax Court has determined. Read More