In the News U.S. border-adjustment tax on life cover reinsurance could hurt the economy
Think tank R Street has warned a U.S. border-adjustment tax (BAT) on internationally sourced reinsurance for life insurance and annuities could have a far-reaching negative impact on the U.S. economy – by staving off capital influx and thus economic investment, while making insurance unaffordable to citizens most in need of a safety net.
