Tax Court Can't Override Insurance Regulators, 5th Circ. Told

By Natalie Olivo · September 15, 2026, 5:11 PM EDT

The U.S. Tax Court incorrectly overstepped state insurance regulators in holding that an ophthalmology practice's microcaptive insurance arrangements lacked economic substance, an eye doctor and his wife told the Fifth Circuit...

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Documents

Case Information

Case Title

Patel v. CIR

Case Number

26-60180

Court

Appellate - 5th Circuit

Nature of Suit

Tax Court 

Date Filed

March 25, 2026