Accomplishments

The Section has not yet had its third birthday, and has already had significant achievements:

The Section's newsletter, "Taxing Times", provides timely information and thoughtful opinions on a variety of insurance tax topics written by the industry's top tax experts. Recent issues have included articles such as:

• Actuary/Attorney Dialogues on Tax Issues in Principles-Based Reserves
• IRS Guidance on Section 7702
• Best Practices for COLI
• FIN 48

The Section has sponsored or co-sponsored tax content at the following meetings and seminars:

• Tax Section breakfast presentations at SOA meetings
• Product Tax Seminar
• Company Tax Seminar
• Capital Efficiency Seminar

We've sponsored important research relating to emerging insurance tax issues:

• Research paper on Required Minimum Distribution (RMD) rules
• Research on 2001 CSO implementation issues

The Section has expanded the tax content on the FSA modules, coordinating the review and revision of the tax content on the:

• Regulation Module
• Financial Reporting/Operational Risk Module (including both U.S. & Canadian taxes)
• Advanced Investment Topics Module

Membership:

We want you! We are open to all professionals interested in insurance taxation–if you want to be part of a growing community of insurance tax professionals dedicated to handling the toughest issues, please consider becoming a partner in our fast growing Section. Dues are only $30 per year. Please click on 'Join a Section' in the "Related Links" section above to join the Taxation Section.