Best's Insurance News & Analysis subscription required - April 12, 2019 09:46 AM
US Tax Court Rules Against Syzygy Insurance, Microcaptive Arrangement
A U.S. Tax Court judge has disallowed tax deductions received by Syzygy Insurance Co. under an 831(b) microcaptive arrangement, finding it did not engage in insurance transactions and the . . .
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LITIGATION, CAPTIVE INSURANCE, TAXATION, FEDERAL REGULATION