MLchartDataset catalogue

Related party insurance income (RPII)

Term · Insurance and risk management · MLC-T-INS-002866

Income derived by a controlled foreign corporation (CFC) from insuring or reinsuring risks of related persons. This income is subject to specific tax rules under the U.S. Internal Revenue Code, often treated as Subpart F income. The purpose is to prevent U.S. companies from deferring tax on income earned through offshore insurance arrangements with affiliates.

Table 1. Record
IdentifierMLC-T-INS-002866
FieldInsurance and risk management
AbbreviationRPII
Record as JSON 
{
  "id": "MLC-T-INS-002866",
  "term": "Related party insurance income (RPII)",
  "field": "Insurance and risk management",
  "definition": "Income derived by a controlled foreign corporation (CFC) from insuring or reinsuring risks of related persons. This income is subject to specific tax rules under the U.S. Internal Revenue Code, often treated as Subpart F income. The purpose is to prevent U.S. companies from deferring tax on income earned through offshore insurance arrangements with affiliates.",
  "abbreviation": "RPII",
  "url": "https://mlchart.com/terminology/insurance/related-party-insurance-income-rpii/"
}

Record 2,930 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.