Contact our Tax Insurance expert
Karel Pellemans
Partner
Tax Insurance: insuring tax risks for certainty
As a CFO or Tax Director, you know the dilemma: you have a tax position that is legally defensible but uncertain. A ruling is not possible or takes too long, and the financial risk is considerable. Tax Insurance offers the solution: insure your identified tax risks at a fixed premium and transform uncertainty into predictable costs.
We guide you through the entire process, from risk analysis to tax advice at policy closing, advising both you and insurers on optimal tax risk coverage.
Transform tax uncertainty into predictable costs
What is Tax Insurance and why is it essential?
Tax Insurance is a specialized insurance product that covers identified tax risks at a fixed premium. It addresses situations where the facts are clear but the legal interpretation is uncertain. For professional organizations, Tax Insurance is crucial to:
- Transform tax risks from unknown liabilities to predictable insurance costs
- Facilitate transactions by removing tax uncertainties that buyers would otherwise price in
- Obtain forward-looking certainty for future tax positions
- Provide alternatives when rulings are not possible or take too long
- Optimize M&A transactions by securing warranties and indemnities
Unique dual role: advice on both sides
We advise both insurers and clients for unparalleled insight into how policies are optimally structured.
Hands-on approach with fast switching
Practical approach that insurers prefer over Big Four, operating quickly and purposefully when time-to-market is critical.
International network and market leadership
Through Taxand Global access to 50+ countries for cross-border risks, plus organization of European Tax Insurance Conference.
Joint Real Estate Development in an Optimal Tax Structure
A large private investor with an extensive Dutch real estate portfolio was presented with the opportunity to demolish a leased property and develop a mixed-use project at this location, comprising residential units (apartments), offices, commercial spaces, and a hotel/restaurant.
