IRS Issues Private Letter Ruling Granting Extension for Foreign Insurance Company to Elect Domestic Corporation Treatment

March 9, 2026, 4:29 PM UTC

The IRS issued a private letter ruling on I.R.C. §953 and Treas. Reg. §301.9100, granting a foreign insurance company a 90-day extension to elect domestic corporation treatment effective from its organization date. [PLR 202610010]

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