Don't want ads? Subscribe or login now.

Tax Court Confused Over Insurance Industry, Co. Tells 10th Circ.

By David Hansen · February 24, 2020, 9:06 PM EST

The U.S. Tax Court misunderstood the nature of the insurance industry when it ruled erroneously that a captive insurer of an Idaho hazardous mining company didn't qualify for a tax deduction,...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Brief

Case Information

Case Title

Reserve Mechanical Corp. v. CIR

Case Number

18-9011

Court

Appellate - 10th Circuit

Nature of Suit

Tax Court (agency)

Date Filed

December 27, 2018

Recent Articles By David

October 31, 2024
11th Circ. Nixes ERISA Claim To John Hancock's $100M Credit
May 31, 2023
Atty In $11.6M Tax Dispute Can't Assert Privilege For 34 Docs
April 12, 2023
Insurance Adjuster Not An Employee, Canada Tax Court Says
April 11, 2023
Primary Insurers Must Pay Tax Advice Claims First, Court Told
October 03, 2022
Ex-Broker Files Counterclaim In $4.6M FBAR Dispute
August 08, 2022
Consultant Seeks Exit From $19M Captive Insurance Suit
May 09, 2022
Returning Docs To Taxpayers Would Come At A Cost, IRS Says
April 27, 2022
Fla. Insurer In Tax Shelter Probe Discloses Overseas Affiliates
November 30, 2021
Ex-Chiropractor Can't Reduce Prison Term In FBAR Case
November 17, 2021
Family Loses Coverage Bid In Denmark's $2B Tax Fraud Case