In Revenue Ruling 2009-26 (the "Ruling"), issued on September 1, 2010, the IRS provided guidance on whether a reinsurance contract between a corporation (a "Reinsurer") and an insurance company is treated as "reinsuring risks" underwritten by insurance companies for purposes of determining whether the Reinsurer is an insurance company under Section 831(c) of the Internal Revenue Code of 1986, as amended (the "Code").
HB 5065--Corporate Income Tax This bill redefines the term "Internal Revenue Code" within Florida's Corporate Income Tax Code to mean those provisions of the United States Internal Revenue Code of 1986, as amended, in effect on January 1, 2008.
[TABLE OMITTED] [TABLE OMITTED] Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's dividend distribution policy (the "Distribution Policy"), which is to make a level dividend distribution each quarter to shareholders of its common stock at a rate that is based on a fixed amount per share as determined by the Fund's Board of Directors, subject to an increase in the fourth quarter, as necessary, so that the Fund satisfies the minimum distribution requirements of the Internal Revenue Code of 1986, as amended (the "Code").
Expiring Provisions of Concern to NSPA Health Insurance Deduction for the Self-Employed One of the most important tax issues before this Committee, at least from the perspective of small business, is the expiring deduction for health insurance costs of self-employed persons -- Section 162(l) of the Internal Revenue Code of 1986.
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's dividend distribution policy (the "Distribution Policy"), which is to make a level dividend distribution each quarter to shareholders of its common stock at a rate that is based on a fixed amount per share as determined by the Fund's Board of Directors, subject to an increase in the fourth quarter, as necessary, so that the Fund satisfies the minimum distribution requirements of the Internal Revenue Code of 1986, as amended (the "Code").
