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  • Final Regulations Under Sections 101 and 6050Y
    and 6050Y. The regulations cover new tax reporting requirements for transfers and sales of life insurance ... insurance contracts, as well as changes to the transfer-for-value rules related to reportable policy sales ...

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    • Authors: Craig R Springfield, Kristin R Norberg
    • Date: Feb 2020
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Life Insurance; Public Policy
  • Effective Date and Statutory Reserves Capping Issues under Actuarial Guideline XLIII
    Effective Date and Statutory Reserves Capping Issues under Actuarial Guideline XLIII A discussion ... Issues under Actuarial Guideline XLIII A discussion of the effective dates and statutory reserves cap for ...

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    • Authors: Peter Winslow
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Annuities>Variable annuities; Financial Reporting & Accounting>Statutory accounting
  • IRS’s Proposed LRD Rules for Nonlife Reserves are Out
    IRS’s Proposed LRD Rules for Nonlife Reserves are Out A summary and analysis of REG-103163-18, ... Reserves are Out A summary and analysis of REG-103163-18, the proposed regulations providing guidance ...

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    • Authors: Jay Riback
    • Date: Mar 2019
    • Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Financial Reporting & Accounting>Tax accounting; General Insurance (Property & Casualty)>Reserves - General Insurance
  • Earnings Rates Under Rev. Procs. 2008-39 and 2008-40
    Notes 1 In the case of the GPT, there is a limited ability to return premiums that exceed the guideline ... limitation with interest within 60 days of the end of a contract year, so that such excess premiums ...

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    • Authors: Brian King
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Life Insurance
  • Selected Insurance and International Tax Considerations for Investors in Life Settlement Businesses
    This article is a discussion about the life settlement industry and the tax considerations for life insurance ... insurance bought and sold in the secondary market. Internal Revenue Service=IRS;Taxes=Taxation; 11557 ...

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    • Authors: Frederic Gelfond
    • Date: Feb 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Financial Reporting & Accounting>Tax accounting; Life Insurance
  • Attorney—Actuary Dialogue On Notice 2010-29
    2010-29 On March 25, 2010, the Treasury and IRS issued Notice 2010-29. The new Notice follows-up Notice ... Notice 2008-18, in which the Treasury Department Treasury and the Internal Revenue Service IRS identified ...

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    • Authors: Christian J DesRochers, Peter Winslow
    • Date: Sep 2010
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Taxing Times
    • Topics: Annuities>Reserves - Annuities