Tax reforms faulted as potentially costly to insurers
Proposals in Congress that would affect taxation of reinsurance
premiums paid to off-shore carriers would effectively raise prices
- in some cases dramatically - and reduce the amount of coverage
available to US customers, asserts a new study produced for
opponents of the measures.
At issue are the "border adjustability" element of the
Republicans' tax reform "Blueprint" as well as a
proposal aimed more narrowly at premiums ceded to offshore
affiliates by foreign-owned US insurers, known as the
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