Proposed US Tax Legislation Aims to Curb Hedge Fund Reinsurance
By EsqSocial Corporation 06/07/15
Senator Ron Wyden (D-OR) has released legislation, the Offshore Reinsurance Tax Fairness Act (ORTFA), which aims to close what he perceives to be a loophole used to exploit an exception to the passive foreign investment company or PFIC tax rules....
By: DLA Piper