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Eversheds Sutherland (US) LLP

IRS and Treasury issue final regulations on discounting unpaid losses

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The Internal Revenue Service (IRS) and the Treasury Department (Treasury) have issued final regulations that address amendments to the rules for discounting unpaid losses pursuant to Section 846 under the Tax Cuts and Jobs...more

Eversheds Sutherland (US) LLP

IRS issues key audit directive for life insurers

Eversheds Sutherland (US) LLP on

The Internal Revenue Service (IRS) Large Business and International (LB&I) division recently released an Industry Director’s Directive (IDD) that provides key guidance for life insurers. The IDD is the product of a two-year...more

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