Tax Liability
Tax Liability Insurance
Tax Liability Insurance offers protection against fiscal risk. It reduces or eliminates financial losses which result from the successful appeal against fiscal procedures by the tax authorities.
If there are changes to tax law, for example, or if a demand for back taxes arrives, it can quickly become a very expensive situation. In the event that neither the seller nor the buyer want to assume this barely controllable risk in an M&A transaction, Tax Liability Insurance can help.
However, the policy also protects against known fiscal risks. If the risk is already identified and becomes an actual obligation, Tax Liability Insurance will also offer protection.