What does Subpart F Income mean? Read on to discover the definition & meaning of the term Subpart F Income - to help you better understand the language used in insurance policies.
Subpart F Income
A definition of income in the U.S. Tax Code as underwriting and investment income earned by an offshore insurer/reinsurer writing primarily U.S. risks. The definition has been extended to almost all the income earned by offshore insurers/reinsurers, even if not strictly on U.S. risks.
We hope the you have a better understanding of the meaning of Subpart F Income.