Insurance

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News & Analysis as of May 25, 2013

Recent Developments in New York's Taxation of Unauthorized Life Insurers

by Stanley Kaminski, Hugh T. McCormick | Duane Morris LLP on 5/3/2013

Prior to 2012, New York afforded surprisingly favorable tax treatment to life insurance companies that are not licensed to conduct business in New York ("unauthorized life insurers"), but that owned real estate investments in...more

Legal Alert: A Royal Opportunity: Amendments to New York’s Royalty Expense Add-back Statute Leave the Income Exclusion Intact for...

by Sutherland Asbill & Brennan LLP on 3/29/2013

On March 28, 2013, the New York State Legislature passed budget legislation (S.2609D/A.3009D) that replaces the existing New York State and City related - party royalty add - back requirements with provisions based on the...more

China 20/20 - Legal & Regulatory Developments - March 2012

by Orrick, Herrington & Sutcliffe LLP on 3/30/2012

In This Issue: 2012 Annual Inspection for Foreign Invested Enterprises Kicks Off; China Amends the Measures for Disclosure of Franchise Information; China Clarifies Import Duty Treatment for Foreign Invested Projects;...more