CCIR praises EU for blasting US reinsurance tax proposals
The Coalition for Competitive Insurance Rates (CCIR) has commended the European Union for "speaking out against a controversial tax proposal” on affiliated reinsurance included in President Obama's 2011 budget proposal.
In a series of letters sent to top US officials, Angelos Pangratis, acting head of the EU Delegation to the US, expressed the EU's opposition to the proposal, which aims to deny tax deductions to
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