Nov 1, 2016 · Captive excludes the premium income from its taxable income by electing under § 831(b) to be taxed only on its. Page 8. 8 investment income ...

For exemption from tax for certain insurance companies other than life, see section 501(c)(15). (Aug. 16, 1954, ch. 736, 68A Stat. 264; Pub. L. 87–834, § 8 ...

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 ...

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 ...

Transaction of Interest -- Section 831(b) Micro-Captive Transactions. Notice 2017-08. SECTION 1. BACKGROUND. On November 1, 2016, the Department of the ...

831(b) captives are coming under increased scrutiny by the IRS. Instead of abandoning a working solution, consider converting your captive to an 831(a).

Mar 19, 2024 · US lawmakers fire another arrow at the micro-captive sector, but how damaging will this latest blow be? The ongoing saga between US lawmakers ...

Apr 19, 2023 · The proposed regulations generally describe a Captive triggering the reportable transaction rules as any entity that (i) makes a Code § 831(b) ...