Knowledge Tree
Relations (1)
cross_type 2.00 — strongly supporting 3 facts
The U.S. is a primary market for tax risk insurance, as evidenced by the growth of coverage for state and local tax exposures [1], the standardization of renewable energy credit coverage [2], and the increased reliance on insurance to mitigate delays in tax authority rulings [3].
Facts (3)
Sources
Optimizing the value of tax risk insurance - Practical insights webinar eversheds-sutherland.com 3 facts
claimDelays and limitations in tax authority rulings in the US are driving greater reliance on insurance to achieve transactional certainty.
claimThe US market is experiencing growth in insurance for state and local tax exposures, including residency changes and sales and use tax issues.
claimIn the US, renewable energy credit coverage has become standard in many transactions.