Start Consequences of liquidating a

Consequences of liquidating a

Nothing herein is tax, legal, insurance or financial advice.

For example, if you sold a stock for $1000 (inc selling fee) and paid $800 (inc buying fee), you would have a capital gains of $200.

Capital gains tax are subject to a 50% inclusion rate.

Let's all hope section 831(b) will be around for another 30 years as it is the driving force behind much if not most of the innovation in the insurance and risk management industries, not to mention creating substantial quality job growth in the public and private sectors in the US.

Owners of qualifying 831(b) captives can greatly increase investment assets to protect their other operating business interests while advancing asset protection and estate planning objectives.

Follow the links below to learn more about the assumptions underlying the above projections.

The special tax treatment of 831(b) captives is a US Congress approved tax incentive to encourage US businesses to protect themselves, build asset reserves, and make themselves stronger and more competitive.

Hence they may on review deny the 831(b) election with a myriad of likely negative consequences.