FATCA has created a major compliance burden for all involved parties: withholding agents, FFIs, NFFEs, and the IRS.
The backsolve method derives from a timely transaction in a private company’s equity.
The board of directors of a BDC has the ultimate responsibility to ensure the fund’s portfolio represents fair value.
Various forms of executive compensation have become popular, resulting in much scrutiny, particularly in how these forms of compensation are taxed.
ASC 805 provides guidance for whether it is contingent consideration or compensation.
Comparability is the key factor in determining the arm’s length range.
Larry Van Kirk discusses the valuation requirements for assets that are gifted.
Auditors have increased scrutiny around management forecasts which provide the foundation for valuation methods based on an income approach.
The potential for rising taxes due to huge U.S. government budgetary deficits are prompting many owners of privately held companies to consider their options.
One of the key differences in valuations for tax vs. financial reporting lies in the definition of value.