The Tribal Domicile to Attend Agent Summit in Las Vegas May 9 - 11Tim Houseberg, Commissioner of Insurance, and Charlie Cheek, Registrar of Companies, will represent The Tribal Domicile at Agent Summit 2016, being held on May 9 – 11 at the Venetian / Palazzo Resort & Sands Expo. Tim will be a panelist on this year’s reinsurance panel, which will be discussing participation offerings, structures, and rewards.
Stop by our Table or Schedule a MeetingOn Monday, May 9th from 11:00 a.m. to 3:30 p.m., we will be at the reinsurance table tops during the Symposium. Tim and Charlie are available for meetings on both Monday and Tuesday. Call or email Tim today to set up a time to discuss your business and how we can serve your needs during the remainder of 2016. For more information, please visit http://agentsummit.com/2016-reinsurance-symposium-schedule/.
About The Tribal DomicileThe Tribal Domicile is the first viable, economically-feasible domestic alternative to traditional offshore domiciles for reinsurers owned by vehicle dealers, agents, and other specialized producers, such as rent-to-own stores. We refer to them as Allied Reinsurance Companies (ARCs).
An ARC domiciled in The Tribal Domicile is considered a domestic insurance company for U.S. federal income tax purposes. There is no need to file a §953(d) election. By domiciling your existing or new reinsurance company in The Tribal Domicile, you would not have had to address concerns about FATCA. You would not have to participate in the BE-10 Benchmark Survey. You will not have to worry when another government entity expands its reporting requirements for any person or company with foreign affiliates.