A tax proposal included in President Obama’s 2015 budget, which would eliminate the deduction for reinsurance premiums paid to foreign subsidiaries, could cost the US economy $1.35 billion.
To continue reading, you need a subscription to Intelligent Insurer.
If you have already subscribed please login.
If you have any technical issues please contact support.
President Barack Obama, Reinsurance, Tax Foundation, North America, Alan Cole