Comment from American Council of Life Insurers

Summary: The American Council of Life Insurers (ACLI) is submitting recommendations for the 2026-2027 Priority Guidance Plan (PGP) to simplify regulations and reduce tax compliance costs for the life insurance industry. They advocate for specific guidance on consolidated returns, the Corporate Alternative Minimum Tax (CAMT), reinsurance treatment, and partnership reporting, while also requesting the elimination or modification of certain withholding obligations.