WASHINGTON, D.C. (November 27, 2017) – The Coalition for American Insurance voiced support today for a recent Wall Street Journal editorial that focused on the importance of reducing base erosion through tax reform. The original editorial can be viewed HERE. The text of the Coalition letter is below. Senate’s Take on Tax: Best to Reduce… Read more »
WASHINGTON, D..C. (November 17, 2017) – In a letter to Senate leaders today, the Coalition for American Insurance commended the Senate for including strong anti-base erosion provisions in its version of the Tax Cuts and Jobs Act to help close the Insurance Tax Haven loophole. The letter reads in part: “The Coalition for American… Read more »
WASHINGTON, D.C. (November 16, 2017) – Congressman Ted Budd (R-NC) delivered a statement on the floor of the U.S. House of Representatives today in support of closing the Bermuda Insurance Tax Haven loophole. The loophole allows foreign-based insurers to shelter income overseas and avoid paying U.S. taxes. Congressman Budd has been a leader on this… Read more »
WASHINGTON, D.C. (November 9, 2017) – The Coalition for American Insurance issued the following statement today regarding the Ways and Means Committee action on H.R. 1: “While the Chairman and the Committee intended to close the Insurance Tax Haven Loophole and level the playing field in the original Chairman’s mark, the Committee’s modified bill… Read more »
