Tax liability insurance effectively provides certainty to taxpayers in particular areas where there is uncertainty in the application of the tax laws. For example where the tax authorities will not issue advance rulings or where there is inadequate time for the taxpayer to obtain an advance ruling.
Contact Us
-
Phone
Australia Wide: 1300 030 886
International: +61 3 9522 4000
-
New South Wales
Head Office
Level 19
2 Park Street
Sydney
New South Wales 2000
-
Victoria
Level 12
717 Bourke Street
Docklands
Victoria 3008
-
Queensland
Level 32
10 Eagle Street
Brisbane
Queensland 4000
-
Western Australia
Level 11
108 St Georges Terrace
Perth
Western Australia 6000
Tax Liability Insurance
Tax liability insurance helps a taxpayer reduce or eliminate a contingent tax exposure arising from the tax treatment of a transaction, investment or other activity where the underlying legal conclusions supporting that tax treatment may be subject to future challenge by the relevant tax authorities.
Show Tab View | Show List View
Overview
Back To Top
Customer Profile
Back To Top
Taxpayers may find that tax liability insurance is an effective tool in the following areas:
- Successor liability issues in the context of Mergers and Acquisitions (M&A) transactions where, due to joint and several liability issues, an acquirer is concerned about an historic tax position taken by the target company or its consolidated tax group;
- Protection of a group's tax position following re-organisations (for example, hive down, demerger or disposal);
- Tax consequences resulting from a change of ownership;
- Intra-group transfers/re-organisations; or
- Where parties do not wish to obtain prior clearance from the tax authorities.
Product Documents
Back To Top
For more information on Tax Liability insurance from Chartis see the Product Brochures.
Why Choose Chartis?
Back To Top
Since early 2000 we have been offering specialised Warranty & Indemnity policies for Australian and New Zealand companies involved in mergers, acquisitions and divestments. Our Mergers and Acquisitions (M&A) Insurance Group is recognised by M&A practitioners globally as an innovator in the field of applying insurance capital to enhance and facilitate transactions.
You can be sure that you have a dedicated partner in Chartis. We are focused on servicing your insurance needs today and anticipating tomorrow’s. We aim for each client relationship to be a true partnership and will take on your challenges as if they were our own. By meeting straightforward needs as well as solving complex issues, we make your confidence our number one priority.
Chartis is a world leading property-casualty and general insurance organisation serving more than 70 million clients around the world. With one of the industry's most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.