Supreme Court to Hear Micro-Captive Case
Insurance Journal writes that the Supreme Court of the United States has agreed to review the result of CIC Services vs. IRS, which was ruled in favor of the IRS last year.
Insurance Journal writes that the Supreme Court of the United States has agreed to review the result of CIC Services vs. IRS, which was ruled in favor of the IRS last year.
Captive International writes: “The Supreme Court of the US has agreed to hear CIC Services’ case against the Internal Revenue Service (IRS), in what CIC described as “a major victory today for taxpayers and those opposing administrative state overreach.”
Captive Review covers the recent decision of the Supreme Court of the United States to review the decision made last year in CIC Services vs. IRS. The lawsuit challenges Notice 2016-66, which targets captive insurance owners.
Ballotpedia writes that CIC Services vs. Internal Revenue Services is scheduled for argument in the 2020-2021 term.