Tax Shelter Litigation
LFDS Represents Avrahamis in Recovery Efforts Relating to Captive Insurance Scheme
On August 21, 2017, the U.S. Tax Court issued its opinion ruling in favor of the IRS in the widely followed case over the IRS’s challenge to a micro-captive insurance company structure Benyamin and Orna Avrahami were advised to establish, resulting in substantial damages to the Avrahamis. The Avrahamis have retained LFDS to aggressively seek to recover against the promoters and professional advisors that recommended the failed captive insurance structure.
View the Tax Court Opinion