Posted in Financial Law, Insurance Law

Insurance Is the Hot New Way to Avoid Taxes

Plot: an investor wants revenues and no taxes to pay. He purchases a  private-placement life-insurance policy. The insurance company plans investments in alternative assets such as hedge funds, where profits are taxed as “capital gains”, but, since these involve an insurance company (subject to certain restrictions), the dough is tax-free.

Happy ending: No levies on death benefits

Source

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Author:

Junior Legal Counsel with a remarkable lust for legal and business knowledge

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