Flowchart: Determining Whether a Micro-Captive Transaction is a Listed Transaction or a Transaction of Interest

Download a pdf copy of this image here. 

For more information contact our Larson captive team to find out how this will affect your micro-captive. 

LEARN MORE FROM OUR MICRO-CAPTIVE SERIES

• How Did We Get Here? The History of Notice 2016-66 and the Micro-Captive Regulations
• What Is a Listed Transaction, What Is a Transaction of Interest, and Why Does It Matter?
• When Is a Micro-Captive Insurance Company Deemed to Be Participating in a Listed Transaction?
• When Is a Micro-Captive Insurance Company Deemed to Be Participating in a Transaction of Interest?
• What Are the Reporting Requirements for a Micro-Captive Insurance Company That Is Deemed to Be Participating in a Listed Transaction or a Transaction of Interest?
• What Information Is Required to Be Reported on Form 8886, Reportable Transaction Disclosure Statement, with Respect to Micro-Captive Listed Transactions and Transactions of Interest?
• How Can a Micro-Captive Revoke Its Section 831(b) Election?
• What Is a “Successor Captive” and What Do the Final Regulations Say About Them?