Business Valuation and Taxes : Procedure, Law and Perspective
David. Laro
Bok Engelsk 2005 · Electronic books.
| Utgitt | New York : : Wiley, , 2005.
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| Omfang | 1 online resource (482 p.)
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| Opplysninger | Description based upon print version of record.. - Business Valuation and Taxes; About the Authors; Table of Contents; Foreword; LEGAL PRACTITIONER'S PERSPECTIVE; Foreword; LAW PROFESSOR'S PERSPECTIVE; Foreword; BUSINESS APPRAISER'S PERSPECTIVE; Preface; ORIGIN OF THE BOOK; AUTHORS PROVIDE OWN PERSPECTIVES; TOPICS COVERED; Acknowledgments; Chapter 1: Standards of Business Valuation; SUMMARY; INTRODUCTION; SOURCES FOR DEFINING VALUE; DEFINITIONS OF VALUE; PREMISE OF VALUE; CONCLUSION; Chapter 2: Subsequent Events; SUMMARY; KEY QUESTION; VALUATION DATE; SUBSEQUENT EVENTS - EXCEPTIONS; CONCLUSION; Chapter 3: Business Valuation Experts; SUMMARY. - BURDEN OF PROOF: EXCEPTIONS TO THE GENERAL RULEChapter 6: Penalties and Sanctions; SUMMARY; INTRODUCTION; WHAT YOU NEED TO KNOW; GENERAL PENALTIES; DISCRETIONARY SANCTIONS; Chapter 7: Valuation and Choice of Entity; SUMMARY; INTRODUCTION; CORPORATIONS; LIMITED LIABILITY COMPANIES; GENERAL PARTNERSHIPS; SOLE PROPRIETORSHIPS; VALUATION CONSIDERATIONS; CHOICE OF JURISDICTION; CONCLUSION; Chapter 8: Valuation of S Corporations and Other Pass-Through Tax Entities: Minority and Controlling Interests; INTRODUCTION; CASE LAW BACKGROUND. - COMPARISON OF MINORITY INTEREST THEORIES - A SUMMARY OF THE ISSUESS CORPORATION CONTROLLING INTEREST APPRAISALS; SUMMARY; S CORPORATION VALUATION ISSUES - PARTIAL BIBLIOGRAPHY; Chapter 9: Valuation of International Transactions; SUMMARY; INTRODUCTION; CUSTOMS VALUATION; CONCLUSION; Chapter 10: Adjustments to Financial Statements; SUMMARY; SEPARATING NONOPERATING ITEMS FROM OPERATING ITEMS; ADDRESSING EXCESS ASSETS AND ASSET DEFICIENCIES; HANDLING CONTINGENT ASSETS AND LIABILITIES; NORMALIZING ADJUSTMENTS; CONTROLLING ADJUSTMENTS; CONCLUSION. - Chapter 11: Comparative Financial Statement AnalysisSUMMARY; COMMON SIZE STATEMENTS; CONCLUSION; Chapter 12: Economic and Industry Analysis; SUMMARY; OBJECTIVE OF ECONOMIC AND INDUSTRY ANALYSIS; NATIONAL ECONOMIC ANALYSIS; REGIONAL AND LOCAL ECONOMIC ANALYSIS; INDUSTRY ANALYSIS; CONCLUSION; Chapter 13: Site Visits and Interviews; SUMMARY; SITE VISITS; MANAGEMENT INTERVIEWS; INTERVIEWS WITH PERSONS OUTSIDE THE COMPANY; CONCLUSION; Chapter 14: The Income Approach; SUMMARY OF APPROACHES, METHODS, AND PROCEDURES; INTRODUCTION TO THE INCOME APPROACH. - INTRODUCTIONPROVING BUSINESS VALUE; THE EXPERT APPRAISER; TYPES OF EXPERTS; VARIOUS ROLES OF EXPERTS; BUSINESS VALUATION LITIGATION WITNESSES; LIMITATIONS TO ADMISSIBILITY; RELIABILITY OF THE EXPERT; SARBANES-OXLEY ACT OF 2002; ATTORNEY ASSISTANCE TO THE EXPERT; QUALIFIED APPRAISER; CONCERNS ABOUT EXPERT TESTIMONY; COURT-APPOINTED EXPERT; CONCLUSION; Chapter 4: Sources of Law and Choice of Courts; SUMMARY; STRUCTURE OF THE AMERICAN LEGAL SYSTEM; TAX LAW; TAX LITIGATION; Chapter 5: Burden of Proof in Valuation Controversies; SUMMARY; BURDEN OF PROOF; WHO BEARS THE BURDEN OF PROOF. - NET CASH FLOW: THE PREFERRED MEASURE OF ECONOMIC BENEFIT IN THE INCOME APPROACH. - Disputes over valuation issues fill the court's dockets and for good reason, fair market valuations are required frequently by the law. The authors believe that approximately 243 sections of the Code and several thousand references in the Regulations explicitly require fair market value determination. Consequently, taxpayers file an estimated 15 million tax returns each year reporting an event involving a valuation related issue. It is no mystery, therefore, why valuation cases are ubiquitous. Today, valuation is an important and highly sophisticated process. Valuators need legitimate guidance
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| Sjanger | |
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| ISBN | 0471694371
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