Tax Indemnity Insurance is a specialist product designed to indemnify your client for any additional tax that could become due following a business sale or restructure. Tax Indemnity effectively gives certainty in areas where there is uncertainty.
Areas where it can be invaluable are:
- Protecting against successor liability issues in a Merger & Acquisition where the acquirer is concerned about a historic tax position.
- Protecting a Group's tax position after reorganisation
- Where there could be tax consequences following ownership changes
- Following Intra-group transfers or reorganisations and the CGT consequences
- Payroll tax issues resulting from equity participation by management in an MBO
- Where parties cannot obtain tax authority clearance because of timing or confidentiality issues
For more information about this specialist insurance, or to discuss a potential case, please contact Christina Brennan on 0870 166 6270 now.