CEA opposes US affiliated reinsurance tax proposals
The CEA, the European insurance and reinsurance federation, has today set out its opposition to proposals to change the US tax treatment of related-party reinsurance with offshore entities in a letter to the US Senate Finance Committee and the Committee on Ways and Means of the US House of Representatives.
"These proposals impose a punitive, discriminatory "tax" on global insurance and reinsurance companies and we believe they will have grave implications for the international reinsurance market," says
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