Documente Academic
Documente Profesional
Documente Cultură
S.L.C.
114TH CONGRESS
2D SESSION
S. ll
llllllllll
introduced the following bill; which was read twice and referred
to the Committee on llllllllll
A BILL
To amend the Internal Revenue Code of 1986 to prevent
the avoidance of tax by insurance companies through
reinsurance with non-taxed affiliates.
1
MCG16127
S.L.C.
2
1
ATES.
10
11
12
13
14
15
16
17
18
19
20
21
premium.
22
(1) IN
GENERAL.The
25
26
MCG16127
S.L.C.
3
1
(2) EXCEPTED
RISKS.The
term excepted
10
16
17
(a)(1), and
18
19
20
21 EFFECTIVELY CONNECTED.
22
(1) IN
GENERAL.A
23
24
MCG16127
S.L.C.
4
1
States, and
(2) EFFECT
9
10
11
OF ELECTION.In
the case of
12
ANCE PREMIUMS.For
13
14
15
(B) EXCEPTION
16
17
18
19
20
(C)
TAXATION
UNDER
THIS
SUB-
21
CHAPTER.Such
22
23
24
MCG16127
S.L.C.
5
1
(D) COORDINATION
CREDIT PROVISIONS.For
and 960
purposes of subpart
10
11
12
13
14
15
16
(3) SPECIFIED
AFFILIATED CORPORATION.
17
18
19
20
21
22
23
(4) SPECIFIED
REINSURANCE INCOME.For
24
25
MCG16127
S.L.C.
6
1
4
5
(5) RULES
RELATED
TO
ELECTION.Any
and
10
11
12
MCG16127
S.L.C.
7
1