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US reinsurance tax argument flares again

13 February 2012

A proposal in President Barack Obama’s 2013 budget that would deny a tax deduction for certain reinsurance premiums paid to foreign-based affiliates by domestic insurers met with opposition from an industry association.

A proposal in President Barack Obama's 2013 budget that would deny a tax deduction for certain reinsurance premiums paid to foreign-based affiliates by domestic insurers has been met with opposition from an industry association. 

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