Tag: micro captive insurance

Federal Court Strikes Down Key Internal Revenue Service Rule on Micro Captive Insurance

Washington, DC, USA - June 21, 2022: An entrance to the Internal Revenue Service (IRS) Headquarters Building in Washington, DC.

On April 15, Senior Judge Lee H. Rosenthal of the U.S. District Court for the Southern District of Texas vacated the IRS classification of 831(b) micro captive insurance plans as “listed transactions.”