Tax benefits exist for companies that distinguish real versus personal property. However, legal nuances, if interpreted inaccurately, can bring significant economic consequences.
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.
Considering a business transaction in Canada? A variety of valuation-related issues are relevant to your decision-making process.
Our experience includes foreign and multinational acquisitions of all sizes in nearly every industry.
Considering a business transaction in the UK or Europe? A variety of valuation-related issues are relevant to your decision-making process.
Valuations for real estate, real property, machinery & equipment, lifing studies and more
Within the ASU guidelines, there are two main thresholds to determine if an entity is a business.
FASB guidance addresses inconsistency and weakness in existing revenue recognition and lease accounting requirements.
Australian financial reporting is based on IFRS. The Australian Accounting Standards Board (AASB) has issued AASB standards mirroring IVS with a few very minor changes.