Tax Court Can't Override Insurance Regulators, 5th Circ. Told

By Natalie Olivo ( September 15, 2026, 5:11 PM EDT) -- The U.S. Tax Court incorrectly overstepped state insurance regulators in holding that an ophthalmology practice's microcaptive insurance arrangements lacked economic substance, an eye doctor and his wife told the Fifth Circuit in asking for a reversal of the ruling....

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