Don't want ads? Subscribe or login now.

IRS Can't Tax Foreign Reinsurance Policies, DC Circ. Says

By Ama Sarfo · May 26, 2015, 6:11 PM EDT

The D.C. Circuit on Tuesday ruled that the Internal Revenue Service may not collect an excise tax on reinsurance policies between two foreign entities, saying there's no indication that Congress intended...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Case Information

Case Title

Validus Reinsurance, Ltd. v. USA

Case Number

14-5081

Court

Appellate - DC Circuit

Nature of Suit

2870 Tax Suits

Date Filed

April 09, 2014

Recent Articles By Ama

May 06, 2015
Insurance Lobby Seeks Guidance On ACA 'Cadillac Tax'
April 16, 2015
Rep. Pushes Effort To Nix ACA 'Belly Button' Tax
April 15, 2015
9th Circ. Says Jury Order Dooms Tax Evasion Conviction
April 06, 2015
Treasury Axes Tax Filing Penalties Tied To ACA Errors
March 02, 2015
IRS Says $38M Tax Spat Not For Judicial Review
March 02, 2015
ACA Cadillac Tax Could Hit Less Expensive Plans
February 25, 2015
IRS Clarifies Exemption Calculations For ACA Insurance Fee
February 18, 2015
White House Reinsurance Tax Proposal Ignores Reality: Report
February 10, 2015
Finance Co. Asks 6th Circ. To Reverse Tax Shelter Exclusion
January 27, 2015
IRS Finalizes Regs On Nonprofit Insurer Tax-Exempt Requests