Tax Liability Insurance for Tax Certainty

Tax insurance has become more cost-efficient in recent years, and capacity has significantly expanded to cover larger potential tax exposures.

There are well-established markets for insurance to protect the generation and utilization of tax credits and the value of tax attributes. One area that has been particularly impacted is the clean energy industry. The Inflation Reduction Act extends and expands investment tax credits (ITCs) and production tax credits (PTCs) while establishing new incentives to support the industry.

In this live, one-hour joint webinar, GTM’s Jonathan Forman and Lockton Companies will deliver an overview of the following topics:

• What is tax insurance, and what is covered by it
• Market trends and market capacity
• Common insurable risks
• Tax insurance for attributes and credits
• Tax insurance and renewable energy
• Inflation Reduction Act and IRS Enforcement

Lockton will also present a case study on tax insurance and renewable energy, providing real-world strategies and solutions.