Thursday, March 13, 2025

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US Congress to get CRA ball rolling against 831(b) regulations

It is expected that Tennessee Representative Mark Green will introduce legislation to the United States’ Congress that disapproves the latest ruling submitted by the Internal Revenue Service (IRS) in relation to micro captives.

The legislation is part of a joint resolution that requires both Houses to pass bills to successfully use the Congressional Review Act (CRA) in order to overturn rules finalised in the last months of a president’s term.

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