taxes Archives - Carrier Management

Proposed Global Minimum Tax Could Lead to Double Assessment for Some Insurers: AM Best

Given the accounting differences for global insurance companies in different jurisdictions, a new global minimum tax on certain multinational companies creates the potential for double taxation for ...

AXA Fights Order to Pay Millions of Euros in Back Taxes: Report

AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities deemed a Luxembourg-based structure was improperly used to avoid tax payments in France, ...

Arizona Law Cuts Taxes for Insurers

Arizona is set to reduce taxes for insurance companies under a new bill Gov. Doug Ducey signed into law Monday. The tax cut is expected to mean the loss of more than $44 million to the state's ...

Insurer Loses Lawsuit Over $560 Million in U.S. Taxes

John Hancock Life Insurance Co.'s claims for deductions for a series of leveraged lease transactions were denied by the U.S. Tax Court, a decision that could cost the company as much as $560 million. ...