More and more, companies are considering taking out insurance on specific tax risks. This is an attractive alternative form of “de-risking” in situations where other forms of assurance (such as an advance tax ruling) are not opportune. This does not involve a W&I insurance, but rather the insurance of specific and identified tax risks, including dividend tax, corporate tax, transfer pricing, and indirect taxes such as VAT and property transfer tax.
As integral part of our full tax offering, we assist clients, insurers and MGA’s on the full spectrum of tax insurance – notably specific tax risks. We distinguish ourselves towards the market by means of a two-partner-led ‘always-available’ approach, deep industry experience and active involvement with relevant industry associations.