U.S. Treasury Department Issues Proposed Regulations To Finally Eviscerate Microcaptive Tax Shelters

In IR-2023-74, Treasury and the IRS released proposed regulations to designate certain microcaptive transaction as listed transactions a/k/a presumed tax shelters.

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In IR-2023-74, Treasury and the IRS released proposed regulations to designate certain microcaptive transaction as listed transactions a/k/a presumed tax shelters.

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