a5069bd4-3b73-4d70-baf5-27d3f60b25072019 VCIA Webinar - States' Rights and Wrongs: Addressing Extra-Domicile Regulatory and Direct Procurement Tax Risks, February 20th 20199893a89b-73c9-464f-92b8-2117797e2f4f<div><span style="font-family: Arial; font-size: 10pt;"><br /></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><div><strong style="font-family: Arial; font-size: 10pt;">Date:</strong><span style="font-family: Arial; font-size: 10pt;"> February 20th 2019 <br /></span></div><div> </div></div><div style="font-family: "Times New Roman"; font-size: medium;"><strong style="font-family: Arial; font-size: 10pt;">Time:</strong><span style="font-family: Arial; font-size: 10pt;"> 2:00 - 3:00 p.m. EST</span></div><div style="font-family: "Times New Roman"; font-size: medium;"> </div><div><span style="font-family: Arial; font-size: 10pt;"><strong>Title: </strong> "States' Rights and Wrongs: Addressing Extra-Domicile Regulatory and Direct </span></div><div> <span style="font-family: Arial; font-size: 10pt;">Procurement Tax Risks" </span></div><div style="font-family: "Times New Roman"; font-size: medium;"> </div><div> </div><div id="pastingspan1" style="display: inline-block;"><div id="pastingspan1"><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-size: 10pt; line-height: 14.2667px; font-family: Arial, sans-serif;"><strong>Panelists: </strong></span></div><div> </div><div><span style="font-size: 10pt; line-height: 14.2667px; font-family: Arial, sans-serif;">Joe Holahan, Of Counsel, Morris, Manning and Martin, LLP </span></div><div><span style="font-size: 10pt; line-height: 14.2667px; font-family: Arial, sans-serif;">P. Bruce Wright, Partner, Eversheds Sutherland (US) LLP<strong><br /></strong></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><div><strong><span style="font-size: 10pt; font-family: Arial, sans-serif;"><em> Moderator:</em></span></strong><span style="font-size: 10pt; font-family: Arial, sans-serif;"> Richard Smith, Vermont Captive Insurance Association </span></div><div> <span style="font-size: 10pt; font-family: Arial, sans-serif;"><em style="font-weight: bold;">Content Advisors: </em>Jason Palmer, Willis Towers Watson and Kimberly Rathbone, Rathbone Group, LLC<br /></span></div><div> </div></div></div></div><div><p style="font-family: "Times New Roman"; font-size: medium;"><span style="font-size: 10pt; font-family: Arial, sans-serif;"><strong>Program Content: </strong></span></p><div><span style="font-size: 10pt; font-family: Arial, sans-serif;">This webinar will examine the rules governing when a state other than a captive's domicile may regulate the captive and when it may assess a direct procurement tax. The session will address these issues from the perspectives of both a pure captive and a group captive and will apply the lessons learned from recent regulatory actions and court ruling, both those that are widely known, such as the 2018 regulatory action by Washington State and a recent decision from the New Jersey Tax Court, and lesser known regulatory actions drawn from the presenters' own experience. </span></div><div> </div><div><span style="font-size: 10pt; font-family: Arial, sans-serif;">Speakers include Bruce Wright and Joe Holahan, each of whom have been recognized as leaders in their fields. This webinar offers a great opportunity to keep up with the latest developments facilitating future informed decisions for your captive. Register now! <strong><br /></strong></span></div><div style="font-family: "Times New Roman"; font-size: medium;"> </div><div style="font-family: "Times New Roman"; font-size: medium;"><div> <strong><span style="font-size: 10pt; font-family: Arial, sans-serif;">Learning Objectives: </span></strong></div> <span style="font-family: Arial, sans-serif; font-size: 10pt;">After
completing this webinar, the participant will learn:
<br /></span></div><div style="text-indent: 0px;"><span style="font-family: Arial, sans-serif; font-size: 10pt; text-indent: -0.25in;">- Standards governing when a state other than a captive's domicile may regulate the captive or assess a tax on the </span></div><div> <span style="font-family: Arial, sans-serif; font-size: 10pt; text-indent: -0.25in;">captive or it's insured. <br /></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial, sans-serif; font-size: 10pt; text-indent: -0.25in;">- Strategies captive owners can employ to mitigate the risk of being subject to regulation or taxes outside their </span></div><div> <span style="font-family: Arial, sans-serif; font-size: 10pt; text-indent: -0.25in;">captive's domicile or, if another tax must be paid, to reduce the amount owed. <br /></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial, sans-serif; font-size: 10pt; text-indent: -0.25in;">- Practical considerations affecting how to gauge the regulatory risk in this area. <br /></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><p> </p><div><span style="font-family: Arial, sans-serif; font-size: 10pt;">Although
there may be time during the webinar to take questions, to take full
advantage of the time allotted to this important discussion, please
submit questions in advance to </span><a href="mailto:info@vcia.com" style="font-family: Arial, sans-serif; font-size: 10pt;">info@vcia.com. <br /></a></div><div> </div><div><span style="font-family: Arial, sans-serif; font-size: 10pt;"><strong>Seminar Credentials: </strong></span> </div></div></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial; font-size: 10pt;"><strong> Level:</strong> Basic </span></div><div> <span style="font-family: Arial; font-size: 10pt;"><strong>Field of Study:</strong> Taxes <br /></span></div><div> <span style="font-family: Arial; font-size: 10pt;"><strong>CPE/CLE Credits:</strong> 1 </span></div><div><strong> </strong><span style="font-family: Arial; font-size: 10pt;"><strong>ICCIE Credit: </strong>1 ACE CE and 1 ICCIE Teleconference Credit <br /><strong> </strong></span><strong><span style="font-size: 10pt; font-family: Arial, sans-serif;">Delivery Method:</span></strong><span style="font-size: 10pt; font-family: Arial, sans-serif;"> Group Internet Based</span></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-size: 10pt; font-family: Arial, sans-serif;"><strong> Prerequisite: </strong>Basic understanding of tax and captive operations</span></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-size: 10pt; font-family: Arial, sans-serif;"><strong> Advance Preparation: </strong>None<br /></span></div><div style="font-family: "Times New Roman"; font-size: medium;"> </div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial; font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><span style="font-size: 10pt;"><strong>Seminar Fees:</strong></span></span></span></span></span></span></span></span></div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial; font-size: 10pt;"><strong> VCIA Members:</strong> $100.00 <br /> <em> $85.00 per person rate for three or more from one VCIA member company</em><br /><strong> Non-Members:</strong> $150.00 <br /> <em> $135.00 per person rate for three or more from one VCIA non-member company</em><br /><br /><em>*Please note:</em> In
order to qualify for the three or more rate, all members of the group
must be registered at the same time by phone. Please contact <strong>Megan
Precourt </strong>at <strong>802-658-8242</strong> for further details. </span></div><div> </div><div style="font-family: "Times New Roman"; font-size: medium;"><span style="font-family: Arial; font-size: 10pt;"><strong>REGISTRATION DEADLINE: February 19th 2019 <br /></strong></span></div><div><span style="font-family: Arial; font-size: 10pt;"><br />This
webinar will be via computer only. No phone-in option is available.
Full instructions will be sent to all registrants a few days prior to
the webinar. Participants must be pre-registered/paid to participate in
the webinar. There are no refunds permitted but advance substitutions
are allowed. </span><span style="font-family: Arial; font-size: 10pt;">For more information regarding administrative policies such as complaints and refunds, please contact the VCIA office at 802-</span><span style="font-family: Arial; font-size: 10pt;">658-8242 or email Diane Leach at </span><u style="font-family: Arial; font-size: 10pt;">leach@vcia.com</u><span style="font-family: Arial; font-size: 10pt;">.</span></div><div style="font-family: "Times New Roman"; font-size: medium;"> </div><div><div><span style="font-size: 13.3333px;"><br /></span></div><span style="font-family: Arial; font-size: 10pt;"><div style="text-align: center; "><em style="font-size: 10pt;">Vermont
Captive Insurance Association is registered with the National
Association of State Boards of Accountancy (NASBA) as a sponsor of
continuing professional education on the National Registry of CPE
Sponsors. State boards of accountancy have final authority on the
acceptance of individual courses for CPE credit. Complaints regarding
registered sponsors may be submitted to the National Registry of CPE
Sponsors through its website: www.nasbaregistry.org.</em></div></span></div>2019-02-20T00:00:00-05:00Join VCIA for our upcoming webinar on February 20th 2019! This webinar will examine the rules governing when a state other than a captive's domicile may regulate the captive and when it may assess a direct procurement tax.e07a2049-8932-41b2-b6fe-6b6bdad3e25a01 VCIA Webinar: States' Rights and Wrongs: Adressing Extra-Domicile Regulatory and Direct Procurement Tax Risksfb301d40-98d0-4769-9824-c63b24b8998eJoseph T. HolahanspeakerJoseph (Joe) Holahan is an attorney with the law firm Morris, Manning & Martin, LLP and a member of the firm’s Insurance and Reinsurance Group. Based in Washington, D.C., Joe is highly experienced in the development and maintenance of captive insurance programs, including all aspects of formation, licensing, regulation and corporate governance. Joe often speaks and publishes on topics of interest to the captive insurance community, including fronting, reinsurance, cyber risk, terrorism insurance and the regulation of risk retention groups. Joe is a board member and currently President of the Captive Insurance Council of the District of Columbia. He also is a board member and instructor for the International Center for Captive Insurance Education and past Chair of the Vermont Captive Insurance Association Legislative Committee.2b1bef4f-e728-46a0-84af-17a886f11d0bRichard S. SmithspeakerRichard Smith is the president of the Vermont Captive Insurance Association, a member based association whose mission is to educate, communicate, and advocate on behalf of the captive insurance industry. Richard has led the association as president since October of 2009. Prior to his work at VCIA, Richard served as the Deputy Commissioner of the Public Service Department for the State of Vermont. During his five years at the department, he was the primary liaison with the Vermont general assembly on energy and telecommunications issues. Previously, he held a variety of state government leadership position in Vermont. Richard holds a Bachelor of Arts in Political Science from the University of Massachusetts, Amherst. He also completed a Strategic Leadership for State Executives program from Duke University in 1999 and the Vermont Leadership Institute in 2000.3c88f892-62f0-4d64-9e90-c7e8b1547f8fP. Bruce Wright, Esq., JD,CPCUspeakerP. Bruce Wright is a partner at Eversheds Sutherland LLP where he is involved in tax and insurance law issues including representation of property and casualty insurance companies, formation of single parent/group captive insurers, counseling of risk retention groups and creation of various types of alternative risk financing mechanisms, including, among others, "rent-a-captives" and "cell companies." His practice has included counseling clients on formation of commercial offshore privately and publicly held entities and the development of structured financial products such as securitizations, swaps, options and similar products, used as alternatives to conventional risk financing mechanisms. Mr. Wright speaks regularly at industry conferences including the Vermont Captive Insurance Association, Captive Insurance Company Association and Hawaii Captive Insurance Association. He received a J.D. from Brooklyn Law School, cum laude and an LL.M. (Tax) from Georgetown University.1e4a8fb8-3f0c-45cd-80f0-7f615e3083bf02 CPE168df406-5b2c-456b-9659-f4c7bb67a96a03 CLE
2019 VCIA Webinar - States' Rights and Wrongs: Addressing Extra-Domicile Regulatory and Direct Procurement Tax Risks, February 20th 2019
Join VCIA for our upcoming webinar on February 20th 2019! This webinar will examine the rules governing when a state other than a captive's domicile may regulate the captive and when it may assess a direct procurement tax.