What Microcaptive Reporting Ruling May Mean For The IRS

By Samuel Lauricia (April 11, 2022, 6:14 PM EDT) -- On March 21, the U.S. District Court for the Eastern District of Tennessee issued an injunction in CIC Services LLC v. Internal Revenue Service, barring the IRS from enforcing disclosure and reporting obligations under IRS Notice 2016-66,[1] which designated Internal Revenue Code Section 831(b) microcaptive transactions as transactions of interest.[2]...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.

A Law360 subscription includes features such as