(i). the net written premiums (or, if greater, direct written premiums) for the taxable year do not exceed $2,200,000, · (ii). such company meets the ...
(III) Indirect interest An indirect interest includes any interest held through a trust, estate, partnership, or corporation. (IV) De minimis Except as ...
Internal Revenue Code Section 831(b)(2). Tax on insurance companies other than life insurance companies. (a) General rule. Taxes computed as provided in ...
Missing: 831B- | Show results with:831B-
Apr 4, 2024 · The Internal Revenue Service (IRS) remains at a stand-off with captives making the 831(b) tax election, and there is no indication of an ...
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Jan 25, 2024 · Further 831(b) captives in the United States are expected to shut down as a result of the proposed regulations from the Internal Revenue ...
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Jan 25, 2017 · Section 831(b) now requires an electing company to. (1) be an insurance company;. (2) have net written premiums (or, if greater, direct ...
IRC section 831 provides that non-life insurance companies are subject to corporate taxes as provided in Section 11. Under section 831(b), those that qualify as ...
For purposes of clause (i)(II), any interest in the insurance company referred to in such clause which is held (directly or indirectly) by an individual who is ...
Mar 4, 2024 · Form W-2; Employers engaged in a trade or ... Form W-2 · Form 9465; POPULAR FOR TAX PROS; Form 1040 ... 831(b) ("micro-captives"). In abusive micro ...
831(b)(2)(A)(i). The net written premiums (or, if greater, direct written premiums) for the taxable year do not exceed $2,200,000, · 831(b)(2)(ii). Such company ...
Tax deferral today to address tomorrow’s risks. Does your Business Qualify? Free Consult. Tax-Deferred 831(b) Plans from SRA 831(b...