FTB Settlement Initiative for Abusive Micro-Captive and Conservation Easement Transactions – Michel Stein
Posted by Hochman Salkin Toscher Perez P.C. 
Posted on Monday, June 05, 2023
The FTB issued Notice 2023-02 (Notice) on May 31, 2023 providing taxpayers a time-limited opportunity to resolve tax matters relating to potentially abusive Micro-captive Insurance (MCI) and Syndicated Conservation Easement (SCE) Transactions in return for zero or reduced penalties.
