Microcaptive Premium Deductions Disallowed.

Elizabeth Lyon

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Journal article

Microcaptive Premium Deductions Disallowed.

Elizabeth Lyon

Journal of Accountancy online

11/01/2017

Abstract

Tax matters

Microcaptive insurance

The Tax Court finds that the arrangement did not sufficiently distribute risk but simply resulted in a circular flow of funds between related entities.

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https://www.journalofaccountancy.com/issues/2017/nov/microcaptive-premium-deductions-disallowed/#:~:text=The%20Tax%20Court%20disallowed%20deductions%20for%20premiums%20paid,not%20constitute%20insurance%20under%20federal%20income%20tax%20law.View

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Details

Title: Microcaptive Premium Deductions Disallowed.
Creators: Elizabeth Lyon (Author) - California State University, Sacramento, Accounting
Academic Unit: Accounting
Publication Details: 11/01/2017
Identifiers: 99258213874901671
Language: English