Tax Consultant Sues To Vacate New Microcaptive Rule Under APA

( January 15, 2025, 9:08 AM EST) -- DALLAS — Invoking the Administrative Procedure Act (APA), a self-described “global tax consulting firm” filed a same-day challenge to a final rule in which the Internal Revenue Service and U.S. Treasury Department require reports for certain purported microcaptive insurance arrangements....