On October 22, 2020, in news release IR-2020-241, the U.S. Internal Revenue Service announced that its terms for its so-called "global" settlement initiative for abusive microcaptive transactions ...
Forbes contributors publish independent expert analyses and insights. For those taxpayers that do not exit the transaction and continue taking such deductions, the IRS will disallow tax benefits from ...
On a sunny afternoon in northwest DuPage County, a small turtle with a smile plastered on its face slid off a log into a marsh and began its first day of life in the wild. The yearling was among a ...
Connecticut’s captive insurance industry just had one of its largest growth years since the state began licensing the entities, which are formed to provide property-casualty coverage for their ...
The I.R.S. stepped up its crackdown on abuses of “captive insurance” in January, but the vehicle may prove its worth during the coronavirus outbreak. By Paul Sullivan A type of private insurance that ...
(Beyond Pesticides, September 15, 2020) Both wild and captive primates are being exposed to hazardous pesticides and flame retardants, according to research published this month in the journal ...
British singer Duffy on Tuesday explained a long absence from the music scene by saying she had been "raped and drugged and held captive," but gave no details about where or when the incident took ...
Bermuda’s dominance as the world’s leading captive domicile may be under threat, like never before. This, as the government flies the flag in support of a contingent of Bermuda insurance industry ...