United States IRC sections
Statute section
IRC section 831
Tax on insurance companies other than life insurance companies
Country
United States
Section
831
Updated
2026-05-20
Operative text
Section 831 governs taxation of property and casualty insurance companies. Section 831(b) provides an election for small insurance companies with annual premiums below a threshold to be taxed only on investment income. The IRS has scrutinized abusive micro-captive arrangements designated as transactions of interest.
Cross-references
26 U.S.C. 832
Related guides
Primary sources
- 26 U.S.C. section 831Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.