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US Seeks To Toss Case Against IRS Microcaptive Rules

By Anna Scott Farrell ( April 29, 2025, 5:02 PM EDT) -- A global tax services provider cannot sue the IRS to vacate tax reporting rules for microcaptive insurance companies, the U.S. told a Texas federal court, arguing that the provider, as a consultant to clients using the insurers, wouldn't actually be hurt by the rules....

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