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Christopher Rizek and Charles Ruchelman to Speak on Captive Insurance at Delaware Captive Insurance Association Webinar

December 1, 2016, 12:15 PM to 2:00PM
Speakers:Christopher S. Rizek, Charles M. Ruchelman
Program:Small Captive Insurers and the New IRS Reporting Regime
Event Sponsor:Delaware Captive Insurance Association
Registration:Click Here To Register

On November 1, 2016, the Internal Revenue Service (“IRS”) issued Notice 2016-66 identifying certain transactions relating to small captive insurance companies as a “transaction of interest.”  The new “transaction of interest” designation throws small captive insurance company transactions into a tax reporting regime that can potentially lead to significant penalties and IRS income tax and promoter examinations.

This webinar will explore IRS’s reportable transaction regime and focus on who must disclose, when the disclosure must be made, what must the disclosure provide, and what penalties can be imposed for a failure to disclose.