10th Circ. Affirms Captive Insurer's Tax Liability On Premiums

By Theresa Schliep · May 13, 2022, 6:04 PM EDT

A captive insurer owes tax on premiums it received from a mining company after the Tenth Circuit on Friday affirmed a U.S. Tax Court decision determining it wasn't in the business...

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Case Information

Case Title

Reserve Mechanical Corp. v. CIR

Case Number

18-9011

Court

Appellate - 10th Circuit

Nature of Suit

Tax Court (agency) 

Date Filed

December 27, 2018