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Subscribe to the Tax Headline feed via EmailProvisional Indemnification Receivables Includable in Foreign Insurer’s Subpart F Income, IRS Says
April 19, 2010 in Daily Tax Report · Leave a Comment
The Internal Revenue Service national office in Technical Advice Memorandum 201015030, released April 16, said provisional indemnification receivables (PIRs) for incurred but not reported loss reserves are includable in the calculation of Subpart F insurance income of a foreign insurer and its earnings and…












