831b Captive Insurance Planning and Tax Issues 831 (b) Captive Articles and News
831(b) captive insurance companies are small insurance companies that qualify for a special election under the US tax code section 831(b) if they are design and formed as legitimate insurance companies that qualify for and properly make the election. Substantial US tax incentives enacted in the nearly 30 years ago exist to encourage their formation where a small insurance company is needed to efficiently finance insurable risks.
831b Captive Insurance Planning and Tax Issues
ReplyDelete831 (b) Captive Articles and News
831(b) captive insurance companies are small insurance companies that qualify for a special election under the US tax code section 831(b) if they are design and formed as legitimate insurance companies that qualify for and properly make the election. Substantial US tax incentives enacted in the nearly 30 years ago exist to encourage their formation where a small insurance company is needed to efficiently finance insurable risks.