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Fed. Court Asked To Block IRS' Microcaptive Reporting Rule

By Kevin Pinner ( December 15, 2025, 4:13 PM EST) -- A Texas federal court should vacate an IRS rule aimed at flagging potential tax avoidance by requiring companies to disclose information about their microcaptive insurance transactions because it undermines Congress' authority, according to a Texas plastics company and its microcaptive adviser....

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