Intangible Asset Valuation for Tax Purposes

Dive into the complexities of valuing intangible assets for tax purposes and unravel the differences between Fair Market Value and Arm’s-Length Standards.

Xavier Love

Mr. Love specializes in business enterprise valuations, purchase price allocations (ASC 805 and IFRS 3), impairment analyses (ASC 350 and IAS 36), intellectual property valuations,…

Molly Shepard

Ms. Shepard specializes in valuations of businesses and intangible assets for a variety of purposes, including fair value measurement, allocation of purchase price, impairment testing,…

Sean Poynton

Mr. Poynton specializes in business enterprise valuations, purchase price allocations (ASC 805), impairment analyses (ASC 350), intellectual property valuations, contingent consideration valuations, and the valuation…

Eugene Wu

Mr. Wu specializes in the valuation of business enterprise, intangible assets and liabilities for M&A, financial and tax reporting, and other strategic matters. He has…

Andrew Willis

Mr. Willis specializes in business enterprise and equity valuation analyses for financial reporting and tax planning purposes, as well as valuation of intangible assets for…

With $3.6 Trillion in Goodwill on the Books of U.S. Companies, Panelists Argue Attention Must Be Paid

The continued growth of goodwill raises the stakes for U.S. & international standards setters considering changes to the way companies account for the assets.

Tom Gottfried

Mr. Gottfried specializes in business enterprise, credit/debt instruments, equity, intangible asset and portfolio valuations. He has over 15 years of experience in planning, facilitating and…

Bryson Miller

Bryson Miller leads VRC’s Dallas office. He has provided numerous business, intangible asset, and equity valuations for a variety of purposes, including fair value measurements…

Anshumita Agrawal

Ms. Agrawal specializes in business enterprise valuations, purchase price allocations, impairment analyses and intellectual property valuations for financial reporting and tax purposes. Prior to VRC,…

What Is a Global Brand Worth?

Before making a purchase, acquirers should make sure a plan is in place to maximize the value of the acquired brand.

Bryan Browning

Bryan Browning is a Senior Advisor, specializing in financial studies and in the analysis of intellectual properties and other intangible assets. Qualified in both real…

Considering Brand Value: What’s In a Name?

Any brand valuation presents a strategic planning opportunity to understand more about what drives value to the underlying company.

In Flux: The Current State of Goodwill & Impairment

As public companies enter the traditional fourth-quarter impairment testing period, two big question marks are hanging over the market…

Economic Obsolescence: Discover loss of value caused by external factors

Identifying, measuring,and applying the adjustment for EO can be a complex and iterative process.

New World Order Valuations

Developing valuations in a COVID-affected economy means taking new, altered views of a company along with making industry analysis de rigueur.

Zayd Alnakib

Mr. Alnakib specializes in business enterprise valuations and intangible-asset valuations. He also has experience working on solvency and fairness opinions. Prior to joining VRC, Mr.…

The SEC’s Not-So-Gentle Reminder: Show Your Work

The SEC is making it a priority to focus on impairments related to COVID-19.

Avoiding Valuation Surprises in M&A

Not every company uses the same method for valuation. Recently, VRC and one of its key partners shared insight into their valuation “secret sauce.”

Measuring Triggering Event Impacts and Subsequent Impairment Testing

Some of the most significant financial consequences of the pandemic and other triggering events can be seen in both current and coming company disclosures.

Cross-Border Tax Planning and Asset Transfers

How have in-house tax executives transitioned valuation considerations to mission-critical?

Podcast: Navigating Intangible Asset Valuation

Patel: In today’s environment where companies are more intangible asset-based rather than tangible asset-based, there’s probably an evolution that needs to happen in terms of how you value inventory.

The State of Goodwill & Impairments

A video discussion about corporate goodwill, goodwill impairment, and financial analysis techniques that aid in determining if a business combination is living up to performance expectations.

How to Win Your Fantasy Football League? Use Valuation Methodologies!

Want to crush your fantasy football championship? Take a page out of a valuation professional’s playbook.

Understanding Tax Amortization Benefit Considerations and the International Impact

Tax amortization benefit rules differ between countries, and they can also change over time.

Personal Image Rights: A Tax Evasion Update

Revisiting the outcomes of two high-profile tax evasion cases involving image rights.

Dhaval Jani

Mr. Jani has experience advising senior management of public and private companies on all major valuation matters, including but not limited to: business enterprise valuations,…

Sean Woodward

Mr. Woodward specializes in business enterprise valuations, purchase price allocations (ASC 805), impairment analyses (ASC 350), intellectual property valuations, contingent consideration valuations, and the valuation…

Chris Coleman

Mr. Coleman specializes in business enterprise valuations, purchase price allocations, and impairment analyses for financial reporting and tax purposes. He has extensive experience in most…

Samuel Roman

Samuel Roman specializes in the valuation of business enterprises and intangible assets for purchase price allocations and goodwill impairment studies. Prior to joining Valuation Research,…

The Evolution of the Distributor Method

Originally considered a unique approach to determining the fair value of customer-related assets, the method has become mainstream methodology and evolved into a foundational analytical tool.

Transfer Pricing Has Changed

Changes for related-party transactions, especially among subsidiaries of multinational corporations, make updated transfer pricing studies a necessity to justify the charges, often including royalty rates, for these transactions.

Contingent Consideration: Practical Pointers for Earnouts in Business Combinations

Contingent consideration can salvage a business combination when buyer and seller can’t agree on value, which is especially true in a frothy deal environment with high valuations and overpayment concerns.

Podcast: Tax Reform’s Impact on Valuation

Nearly a year since the Tax Cuts and Jobs Act was signed, there are still a number of questions about how to apply the new law but some areas, such as valuation, are beginning to get some clarity.

Oil & Gas

VRC provided a required valuation of tangible and intangible assets for a Master Limited Partnership (MLP) client in support of a purchase price allocation. There were no detailed fixed asset records; VRC needed to overcome significant data limitations.

Tax Reform Flips International IP and Tax Structuring into Reverse

VRC has noticed an emerging phenomenon: U.S.-based multinationals are taking steps to move intellectual property back into the U.S.

Kevin Hagemeier

Mr. Hagemeier has significant experience with public and private corporate needs including transactional consulting. He specializes in valuation engagements including intangible assets for business combinations,…

Energy

We were retained by an energy production company whose subsidiary acquired distressed energy assets from an energy & production company. In selecting a valuation methodology, we needed to consider the significant divergence in the enterprise value of the business versus the un-discounted value of the assets given the dramatic drop in commodity prices at the time.

What’s In A Name? For Luxury Brand Valuations, Everything

In the high-end luxury market, where virtually all of an enterprise’s value derives from its brand or brand portfolio, the ability to accurately assess its value – to quantify and render tangible the intangible – is especially critical.

Mercedes Falcon

Ms. Falcon has extensive experience in business valuation for financial and tax purposes, project management and corporate finance. Prior to joining Valuation Research, Ms. Falcon…

Image Rights: Valuable Intellectual Property

The cult of celebrity and “Image Rights” receive a lot of publicity – and consequently the attention of tax authorities.

The Impact of the 2017 Tax Act on Business Valuation

Q&A: How is the Tax Cuts and Jobs Act impacting company value and valuation approaches?

Adriana De La Mora

Ms. De La Mora has extensive experience preparing valuations for financial reporting, tax, M&A, and strategic planning purposes utilizing discounted cash flow, guideline company, and…

Technology

A PE-sponsored cloud based provider granted equity compensation incentives to executives. To comply with financial reporting requirements of Accounting Standards Codification 718 (ASC 718), the provider engaged VRC to determine the fair value of the issued units.

Benjamin Lawrence

Mr. Lawrence specializes in financial valuation and valuation-related assignments. His experience includes valuations for purchase price allocation, estate tax planning, limited partnership interests, financing purposes,…

Consumer Products

A brand valuation that estimated the fair value of intangible assets acquired in a business combination was needed by a personal care product company for the sale of its branded and private label products.

Financial Sponsor: Private Equity

A technology company was purchased by large private equity investor. With the purchase price set, the new entity was capitalized with debt and three different types of equity securities.

Heather Tullar

Ms. Tullar has over 25 years of experience specializing in the areas of business valuation, litigation support, complex capital structures, and intangible assets. Prior to…

Steven Schuetz

With over 30 years of experience in valuation, corporate finance and mergers and acquisitions, Steve Schuetz is a Senior Advisor to the firm. Mr. Schuetz…

Charles Sapnas

Mr. Sapnas is a practice leader specializing in the valuation of domestic and international businesses, intangible assets and liabilities for financial reporting and tax compliance…

Anthony Pumphrey

Mr. Pumphrey has over 15 years of experience in valuation engagements for public and private companies in support of business combinations (ASC 805), impairment testing…

Neal Piper

Mr. Piper specializes in business enterprise valuations, purchase price allocations, impairment analyses and intellectual property valuations for financial reporting and tax purposes. He also focuses…

Doug Peterson

Doug Peterson specializes in the valuation of business enterprises related to mergers and acquisitions, reorganizations, shareholder transactions, tax planning and compliance, and financial reporting. He…

PJ Patel

Mr. Patel is co-CEO and senior managing director and is a member of our board of directors. Mr. Patel specializes in the valuation of businesses,…

Chad Myers

Chad Myers specializes in financial valuation and consulting assignments. His experience includes valuations for purchase price allocation, estate tax planning, limited partnership interests, financing purposes,…

Jason Mutarelli

Mr. Mutarelli specializes in business valuations, valuations of intellectual property, and solvency and fairness opinions. He has served clients in most major industries. Prior to…

Philip Mastil

Mr. Mastil specializes in the valuation of businesses and assets and liabilities for financial reporting purposes. In particular, he focuses on the valuation of intellectual…

Anthony Law

Mr. Law specializes in the valuation of business enterprises, stock options, derivative securities, and intangible assets as well as fairness and solvency opinions for corporate…

Christopher Krapfl

Mr. Krapfl specializes in valuations of capital stock, business enterprises, and intangible-assets for financial reporting and tax purposes. In addition, he is involved in developing…

Neil Kelly

Former Vice Chairman of VRC, Neil Kelly, has over 35 years of financial and valuation advisory experience, which includes providing solvency, fairness, and capital surplus…

Shakespeare James

Mr. James specializes in business enterprise valuations, solvency and fairness opinions, and valuations of intangible assets. Prior to joining VRC, Mr. James was an intern…

Edward Hamilton

Mr. Hamilton specializes in the valuation of businesses and assets and liabilities for financial reporting purposes. In particular, he focuses on the valuation of intellectual…

Vincent Flaherty

Mr. Flaherty specializes in valuations for financial reporting, incentive compensation, mergers & acquisitions, and tax restructuring/planning purposes. Mr. Flaherty has experience as a valuation advisor…

John Czapla

Mr. Czapla has more than 25 years of experience performing business valuations, valuations of complex securities, valuations of intellectual property, and solvency and fairness opinions.…

Paul Bourke

Mr. Bourke has nearly 15 years of valuation experience and specializes in the valuation of business enterprises and the valuation of illiquid portfolio securities. He…

Intellectual Property & Intangible Assets

Categorized as marketing/brand, customer, artistic, contract or technology-based assets, must be valued under ASC 805 & ASC 350

Manufacturing

An industrial property consisting of various manufacturing machinery & equipment was a candidate for an ad valorem tax reduction.

Paul Balynsky

Mr. Balynsky is a managing director in VRC's portfolio valuation group with nearly 20 years of valuation experience. He specializes in valuations of portfolios of…

Goodwill Hunting: Elimination of Step 2 & the Implications for Public Companies

The FASB has sought to simplify the accounting for goodwill impairment for several years.

FASB Issues Accounting Standards Update Clarifying the Definition of a Business

Within the ASU guidelines, there are two main thresholds to determine if an entity is a business.

Best Practices for Valuing Contingent Consideration

VRC continues to see many transactions where contingent consideration has been present.

Technology

A private equity sponsored cloud based provider of manager content, enterprise lending services granted certain management incentive units to participating executives, as compensation to incentivize management performance.

Agribusiness

A leading commercial agribusiness client in Argentina was interested in selling their company, which was focused on cultivating and producing olive oil, table olives and wines.

VRG: Our International Capabilities

We invite you to meet our international affiliate team and learn more about the depth of our capabilities and expertise.

Accounting’s 21st Century Challenge: How to Value Intangible Assets

How do you attach a price tag to something you can’t see or touch?

Transfer Pricing Rules Have Implications for Intellectual Property Valuation

The OECD is moving in a direction similar to the U.S. in tightening controls.

Financial Sponsor: Hedge Fund

​A shareholder of a closely-held hedge fund was not receiving the appropriate level of compensation per agreement with the controlling interest shareholder.

Distributor Method: An Alternative Technique for Valuing Customer Relationships

A point often overlooked is that customers usually purchase products or services because of the presence of intellectual property, not a relationship.

Healthcare

Property taxes were levied on only real property portion of a hospital, key to analysis was separating the value of the business ops from that of real property.

Brands: Food & Beverage

A leading manufacturer of branded food products engaged VRC to estimate the fair value of certain intangible assets acquired in a business combination.

Automotive

A client who designs, engineers, and manufactures value-added products and systems for automotive and light-vehicle manufacturers acquired an automotive components manufacturer.

Consumer Products

​A large multinational consumer products company acquired a South American company operating in the same space. VRC was engaged to estimate the value of the PP&E and intangible assets for financial reporting purposes.

Chemical

A leading international producer of nitrogen products acquires a nitrogen manufacturing company requiring a valuation for allocation of purchase price according to ASC 805.

Using the Distributor Model to Value Customer Relationships

The distributor method is a powerful tool for the valuation of customer relationships in situations where these relationships are a supporting asset and where there are appropriate market inputs.

Telecommunication

We were retained by a leading provider of wireless messaging and information services to provide various valuation services for reorganization under Chapter 11 of the U.S. Bankruptcy Code.