Following the US Congress's passage of the Tax Cuts and Jobs Act ("2017 tax law"), Captive.com met with Bruce Wright of Eversheds Sutherland to document his take on the primary impacts of the 2017 tax law to the captive insurance industry. According to Mr. Wright, there are a number of provisions in the law that may have an effect on captive insurers and companies with captives. Mr. Wright discusses (1) the increase in the discount factor applied to reserves and the decrease in the tax rate applied to corporations, (2) passive foreign investment companies, and (3) controlled foreign corporation rules.