Captive Taxation: Myth Busters

"Captive Taxation: Myth Busters" will examine captive tax industry trends, unpacking key tax concepts and clarify misconceptions. The panel will respond to any pressing captive tax questions you have and provide relevant insight on how to navigate captive IRS treatment.

Learning Objectives:

After completing this webinar, participants will be able to:

• Understand the key components and objectives of the IRS's final regulations on micro-captive insurance transactions.
• Analyze the implications of the new regulations for various stakeholders, including taxpayers, captive insurance companies, and related parties.
• Identify compliance requirements and best practices for taxpayers in light of the new IRS regulations.
• Differentiate between "Listed Transactions" and "Transactions of Interest" as defined in the final regulations,
• Recognize the significance of Form 8886 and the associated disclosure requirements for micro-captive insurance transactions.
• Evaluate the new streamlined procedure for revoking Section 831(b) elections and its implications for taxpayers considering this option.
• Gain valuable insight on how this trend fares for the industry as a whole.

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Prerequisite: Basic understanding of tax and captive operations

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‍Level: Intermediate
CPE/CLE Credits: 1
‍Advanced Preparation: None
‍Field of Study: Taxes
‍Delivery Method: Group Internet Based
‍ICCIE Credit: 1 ACE CE and 1 ICCIE Teleconference Credit
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Moderator: Courtney Doherty, Director of Global Captive Management, Hylant

Conor McKenzie, Of Counsel, Downs Rachlin Martin

Alicia Miller, Senior Tax Manager, Crowe

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Content Advisors: Dan Kusaila CPA, DBA, Crowe; and Charles "Chaz" Lavelle, Bingham Greenebaum Doll LLP

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Webinar Fees:

Members : FreeNon-Members: $150 per person (Groups of 3 or more people are $135 per person)Please note: In order to qualify for the three or more rate, all members of the group must be registered at the same time. 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.

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‍REGISTRATION DEADLINE: December 10th

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For more information regarding administrative policies such as complaints and refunds, please contact the VCIA office at 802 658 8242 or email  info@vcia.com.

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‍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.