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H.R. 3424

BillFederalHouseIntroduced
To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.
About This Bill
Introduced
Latest Action · July 31, 2009
Sponsor introductory remarks on measure. (CR E2111-2112)
Congress
111th (2009–2011)
Introduced
July 30, 2009
Cosponsors (1)
1D 0R
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Summary

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Amends the Internal Revenue Code to deny a tax deduction for excess reinsurance premiums with respect to U.S. risks paid to affiliated insurance companies that are not subject to U.S. taxation.

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