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"We are thrilled that the IRS and Treasury Department have chosen to withdraw the portion of the proposed regulation involving captive insurance companies," said Dennis Harwick, CICA President and Co-Chair of the Coalition. "This welcome, but unusual, action is testimony to the strong technical response that the Coalition developed for the IRS and the on-going conversations that we had with representatives of the IRS and Treasury Department about the technical and policy flaws of the proposed regulation."
CICA is the first and best source of unbiased information, knowledge and leadership for captive insurance decision-makers. Look to CICA for the best networking, education and advocacy for the captive insurance industry.
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