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Utah Plumbing Supply Co.'s Microcaptive Suit Tossed

By Kat Lucero ( August 23, 2024, 4:03 PM EDT) -- A Utah federal judge dismissed Friday a plumbing supply company and its owners' bid to set aside the IRS' 2016 notice that imposed additional reporting requirements for certain microcaptive insurance arrangements under the threat of penalty, saying the court lacks jurisdiction to do so....

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