Hub unit fails to overturn $6.6 million microcaptive tax penalty
A Hub International subsidiary has lost its bid to overturn a $6.6 million IRS fraud penalty tied to its use of a microcaptive insurance arrangement, after a federal judge rejected its claim that its right to a trial was unfairly burdened.
Read more: https://www.businessinsurance.com/hub-unit-fails-t...
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