Specific tax insurance policies for known tax risks

This article provides insights into some of the advantages of a tax policy for insuring known tax risks, illustrated through a recent case study.

Contrary to popular belief, specific tax insurance policies (hereafter referred to as tax policies) are not the only way to insure known tax risks. In certain instances, it may be appropriate to insure known tax risks under a warranty and indemnity (W&I) policy, particularly in the case of very low quantum, low risk, and uncomplicated tax issues.

This article provides insights into some of the advantages of a tax policy for insuring known tax risks, illustrated through a recent case study.