Business valuation and federal taxes : procedure, law, and perspective /

• Main Author: Laro, David, 1942-
• Other Authors: Pratt, Shannon P.
• Format: eBook
• Language: English
• Published: Hoboken, N.J. : Wiley, [2011]
• Edition: 2nd ed.
• Subjects: Business enterprises > Valuation > United States.; Business enterprises > Taxation > Law and legislation > United States.; Business tax > United States.; LAW > Administrative Law & Regulatory Practice.; Business enterprises > Taxation > Law and legislation.; Business enterprises > Valuation.; Business tax.; United States.; Electronic books.

Praise for Business Valuation and Federal Taxes Procedure, Law, and Perspective Second Edition "The Honorable David Laro and Dr. Shannon Pratt present a comprehensive primer on federal tax valuation controversies that will benefit both tax practitioners (attorneys and CPAs) and valuation practi...

Table of Contents:

• Standards of business valuation
• Subsequent events
• Business valuation experts
• Sources of law and choice of courts
• Burden of proof in valuation controversies
• Penalties and sanctions
• How the form of entity affects valuation
• Valuation of S corporations and other pass-through tax entities: minority and controlling interests
• Transfer pricing
• Customs valuation
• Adjustments to financial statements
• Comparative financial statement analysis
• Economic and industry analysis
• Site visits and interviews
• The income approach
• The market approach
• The asset-based approach
• Entity-level discounts
• Minority discounts control premiums
• Discounts for lack of marketability
• Other shareholder level discounts
• Personal versus enterprise goodwill
• Weighting of approaches
• IRS positions
• Business appraisal reports
• Valuation of options
• Questions to ask business valuation experts.