Global Trade Alert
Global Trade Alert

United States of America: Tax treatment of reinsurance

Announcement

30 Jul 2009

In July 2009, the government of the United States of America announced a change in the required local operations to serve domestic customers.

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 30 Jul 2009
Local operations requirement

Congress may take up legislation that could substantially increase taxes on offshore-affiliated reinsurance coverage, a step that the European Commission believes would violate U.S. commitment...

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