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Notice 2016-66 [Compliance Update]

Written By RMC Group

Published on: November 22, 2016

Categories: Compliance Update

Notice 2016-66 [Compliance Update]

On November 1, 2016, the Department of the Treasury and the Internal Revenue Service (the “IRS”) issued Notice 2016-66. The Notice describes a certain type of captive insurance company and identifies the transaction as a “transaction of interest”. Persons engaging in the transaction are required to disclose their participation in the transaction to the IRS.

CLICK HERE for a copy of our Compliance Update for Notice 2016-66.

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