The captive insurance sector continues to expand in numbers, size, activities and importance. In addition to multi-nationals, middle market businesses are exploring the advantages of captives, whether individually or as part of a group, to contain their escalating cost of risk and to take advantage of employee benefits self-insurance opportunities. The impending health care reform changes are mandating a deeper knowledge of captive self-funding structures and alternatives to attain the cost savings opportunities they provide. Closely held businesses are creating captives to achieve tax advantaged family wealth transfer goals.

This webinar covers the basics of federal and state taxation of captives, their owners and policyholders.

This is a recorded webinar that originally ran on August 20, 2013. As an eLearning course, you must pass the final exam of this course to receive CPE credit.

Course Level: Intermediate

Course Prerequisites: Basic understanding of international tax and insurance issues

Delivery Method: Self-study

Published: 09/06/2013

Upon completion of this course, you will be able to:

• Understand the captive choices available;
• Weigh the utility of managing risk through a captive insurance company;
• Assess the likelihood and method for attaining insurance tax benefits;
• Prepare the tax filings needed to keep the captive in a compliant condition; and
• Properly report the activities of any foreign captive insurance company.

CPE

1.5

CLE

N/A