News & Events

Industry reacts to IRS’ latest micro captive ‘scare tactics’ – Captive Insurance Times

Butler Snow attorney Benjamin Arthur Whitehouse was recently quoted in an article by Captive Insurance Times about the Internal Revenue Service’s continued focus on ‘abusive’ micro captives and more.

The following is an excerpt from the article:

Although Ben Whitehouse, senior counsel at Butler Snow, said it’s good advice for captive owners to seek independent advice about their tax positions, he highlighted that the IRS seems more inclined to try and scare all captive insurance participants out of the marketplace regardless of merit.

To read the article in its entirety, click here.