captive insurance tax shelters
Captive insurance tax shelters refer to a type of arrangement where businesses create their own insurance companies to provide coverage for their own risks. This allows them to potentially reduce their taxable income by deducting premiums paid to the captive insurance company, potentially leading to lower tax liabilities.
Requires login.
Related Concepts (1)
Similar Concepts
- 1031 exchange tax shelters
- agricultural tax shelters
- charitable tax shelters
- domestic tax shelters
- energy tax shelters
- film production tax shelters
- foreign investment tax shelters
- individual retirement account (ira) tax shelters
- life insurance tax shelters
- limited liability company (llc) tax shelters
- nonprofit organization tax shelters
- offshore tax shelters
- private equity tax shelters
- real estate tax shelters
- trust tax shelters