In 2017, a Villanova University business professor posited that there would be only 30 technology companies in 2030, 10 in 2050—and then none.1 In a sector defined by consolidation, the tech companies that have survived in competitive markets have become household names, with brand assets that contribute to their financial performance and valuation. !ese companies […]
In Q1 2021, the U.S. hotel sector exhibited the highest level of performance since the start of the Covid-19 pandemic.Owing to a travel boost leading into New Year’s holiday, U.S. hotel performance in the first week of January 2021improved significantly as compared to the last week of December 2020. After a relatively stable January and […]
Family law attorneys, valuation professionals, and industry experts connected virtually this fall to share advice during the Virtual Divorce Conference brought to you by the American Academy of Matrimonial Lawyers (AAML) and Business Valuation Resources (BVR). Here are the key takeaways from the many great sessions with top thought leaders in the profession. Beware of […]
Neither side is letting up in the contentious Vinoskey ESOP litigation that has now moved to the 4th Circuit U.S. Court of Appeals. After the selling shareholder, Adam Vinoskey, recently appealed the district court’s liability and damages findings, the Department of Labor has responded with a spirited defense of the court’s decision. Backstory: The focal […]
A recent article in the Star Tribune says the executor of the estate of Prince, the late world-famous rock star, and the Internal Revenue Service are currently locked in a fierce estate and gift tax dispute. The IRS argues the executor has seriously undervalued the estate, and the executors claim the IRS’ calculations “are riddled […]
Cyber threats are becoming more sophisticated every day… and tools are also becoming more sophisticated, but organizations of all sizes are succumbing to orchestrated cyber-attacks including ransomware, fraud, and data exfiltration. So, adopting the right strategy is important. This requires a risk management-based approach: understanding your assets, your risks and defining what to do to […]
On 19th March 2021, the Inland Revenue Authority of Singapore (‘IRAS’) published the e-Tax Guide – Transfer Pricing Guidelines Special Topic on Centralised Activities in Multinational Enterprise Groups (‘e-Tax Guide’) in Singapore. The e Tax Guide aims at providing guidance on how to analyse the related party transactions and the transfer pricing methods that may […]
The 1st of April sees the government announcing a temporary introduction of increased reliefs for expenditure on plant and machinery. Well we say temporary, but actually it applies to any qualifying expenditure incurred from 1st April 2021 up to and including 31st March 2023! Great news for many that are emerging from the pandemic and […]
Understanding of the interaction between tax regulations and valuation is crucial for business appraisers as well as key stakeholders of a company. Our newsletter sheds some light on valuation requirements for tax compliance purposes.
Assuming that you are an entrepreneur, you have undoubtedly asked yourself: what is the value of my business? Or you might be in the market to buy a business and wonder: what is a reasonable price for it. All legitimate questions. Let me make some things clear first. There is no such thing as THE […]
A turbulent 2020 meant that gas stations and c-stores need to be flexible and innovative in their approach for the future. Also a surge in the transaction activity for the sector in Q4 2020 has given a solid foundation for 2021. A detailed analysis of Q4 2020 gas station performance is presented in our update […]
The option pricing method of allocation of value has a universal appeal because of its technical superiority and finesse. However, application of the method must be weighed against the efforts and cost involved. This newsletter discusses alternative methods of allocation of value which can be used in suitable situations