Jan 25, 2017 · Section 831(b) of the Internal Revenue Code may be elected by micro-captives to exempt the insurer's underwriting profits from federal ...

Under Section 831(b) of the tax code, premiums paid to the captive are paid at a 0% Federal income tax rate on the captive's underwriting profits. The financial ...

Nov 1, 2016 · (5) A description of any claims paid by Captive during the year or years of participation (if disclosure pertains to multiple years), and of ...

Section 831(b) is a U.S. tax law that provides specific tax benefits to certain small insurance companies, often referred to as "micro-captives". Established to ...

Under Section 831(b), there is a 0% Federal income tax on the captive's underwriting profits. In general, the various provisions of the Code are differentiated ...

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 ...

Apr 23, 2021 · Reg. § 301.6111-3(b)(5), a person provides material aid, assistance, or advice with respect to organizing, managing, ...

Jun 10, 2021 · A “micro-captive” insurance company is a captive insurance company that makes a section 831(b) election to be taxed only on its investment ...