Tax Risk Insurance is an effective solution to protect against the tax risk associated with corporate structures, specific transactional issues and other areas of tax related uncertainty.
Tax Liability Insurance is suitable for risks turning on questions of law rather than fact and is unlikely to be available for repetitive or purely tax motivated transactions or those cases already subject to audit, litigation or on appeal from a tax authority.
Subject to Fusion’s risk assessment, the Tax Risk policy can respond by:
Whether a tax risk is insurable and the Rate on Line will depend on a variety of factors, including:
The policy will provide protection for:
Fusion’s aggregate policy limits typically range from USD / AUD 2m to 25m.
This process usually takes between 1 and 3 weeks.
1 Initial Discussion – contact your advisor, broker or Fusion to discuss the suitability of the Task Risk protection for your transaction.
3 Fusion provides non-binding terms.
4 Appointment of Fusion as Insurer.
5 Detailed Underwriting – assessment of the risk in conjunction with Fusion’s external tax counsel.
6 Negotiation of policy wording.
7 Policy Binding and Signing.
If you’d like to have a conversation with one of our team, please send us your name, email and phone number and we’ll get back you to as soon as possible.