Gary Blitz, who is the Senior Managing Director of the Aon Transaction Solutions Team/Practice Leader of the Tax Group discusses with Bloomberg BNA how tax insurance has progressed over the past few decades. Aon has placed about $3 billion in tax insurance last year and about $13 billion in all transactional risk insurance. Blitz said that accounts for about 90 percent of all tax insurance policies worldwide in 2015. Click the link here for the full article which covers his experience with insuring the tax liabilities in sales of private equity portfolio companies and covering tax equity investors’ eligibility for credits in development projects.
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