Return on Equity Analysis Undergirds Reasonable Compensation Claim
Tax Court says compensation paid to company owners for managing entity’s daily operations was reasonable; officers were “absolutely integral” to company’s success and company’s rate of return on equity after compensation accorded with industry average.
H.W. Johnson v. Commissioner
Tax Court says compensation paid to company owners for managing entity’s daily operations was reasonable; officers were “absolutely integral” to company’s success and company’s rate of return on equity after compensation accorded with industry average.
Gift Tax Case Pivots on Key Assumption Informing Valuations
Taxpayer parents incurred gift tax liability when, based on improper valuations, they agreed to merge their S corp. with their sons’ S corp. and accepted an unduly low interest in the new company while sons received an unduly high interest, Tax Court says ...
Cavallaro v. Commissioner
Taxpayer parents incurred gift tax liability when, based on improper valuations, they agreed to merge their S corp. with their sons’ S corp. and accepted an unduly low interest in the new company while sons received an unduly high interest, Tax Court says ...
Mergerstat / Shannon Pratt's Control Premium Study and Mergerstat® Review are two distinct services
One of the questions I am asked frequently is, What is the difference between Mergerstat/Shannon Pratt's Control Premium Study ( Control Premium Study ) and Mergerstat® Review? This column addres ...
Discounts and premiums must be supported with empirical data
In my April 2001 Editor's Column I discussed the treatment of marketability discounts in court cases, and briefly touched on empirical data to support those discounts. This column is a follow-up and includes an expanded discussion of the empirical studies available not only for marketability discounts, but for control premiums and minority discounts as well.
Industry research at its best
www.integrainfo.com Integra 's industry reports provide business appraisers with some of the most up-to-date online information on industry trends. Integra combines proprietary data with U.S.
www.BVMarketData.com sm expands
By Doug Twitchell * In addition to the newsletter you are now reading, Business Valuation Resources, LLC , also brings you several other business valuation-oriented products at www.BVMarket Dat ...
Transaction data valuation
Using Transaction Data to Value Closely Held Businesses – Two Strategies for Using Transaction Data, Raymond C. Miles, Business Appraisal Practice , Winter 2000-2001, pp.29-40. This article exp ...
Ibbotson's new Web site allows "per inquiry" fees
Ibbotson Associates , 225 North Michigan Avenue, Suite 700, Chicago IL 60601, (800) 758-3557. Industry reports are $50, Beta and Tax reports are $10. Members of AICPA, ASA, NACVA , and IBA receive ...
BIZCOMPS 97 Eastern States Edition
Sanders, Jack R. BIZCOMPS 97 Eastern States Edition. Asset Business Appraisal, P.O. Box 711777, San Diego, CA 92171; Phone (619) 457-0366; Price $95. BIZCOMPS studies report financial informatio ...
Cost of Capital Quarterly
Ibbotson Associates, Cost of Capital Quarterly . The first 1995 update came off the press in October containing data through June of 1995. Although in a highly condensed format compared to the Year ...