Captive Insurance - Fundamentals and Recent Developments

Presented by: Jeremy M. Vaida, J.D., LL.M (Taxation)

Captive insurance is an alternative risk allocation technique with preferential tax features.  Through employing a captive insurance program, companies aim to fill gaps in their insurance portfolio while simultaneously gaining a tax benefit.  Recently, however, the IRS has drastically increased its scrutiny of captive insurance arrangements, upsetting years of IRS policy. Through this webinar, attendees can hope to learn the fundamentals of captive insurance arrangements including: how captive insurance can fill gaps in commercially available insurance, the requirements companies must satisfy to obtain preferential tax treatment, and areas of focus in IRS enforcement.  The webinar will also discuss the impact of recent U.S. Tax Court decisions on captive insurance.