Magazine article from our research archive:

Prop. regs. will eliminate federal tax benefit for many captive insurance companies.

The Service has issued proposed regulations (REG-107592-00 and REG-105964-98) that, if adopted, will eliminate the federal tax benefit associated with most captive insurance companies that are included in a consolidated federal return and insure other members of the consolidated group. The proposed regulations put intercompany insurance transactions between members of a consolidated group on the self-insurance method of accounting. The proposed regulations, if adopted, will apply to intercompany insurance transactions in consolidated return years beginning on or after the date the rules are published as final in the Federal Register.

Background--Deferred Intercompany ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!