Navigating an evolving economic and regulatory landscape can prove challenging for any business, especially when faced with difficult valuation questions that can impact the company’s cash tax position. Valuations performed for tax purposes often carry significant financial implications and continue to receive significant scrutiny from the Internal Revenue Service, courts, and foreign revenue agencies. With these challenges in mind, it is essential for the company and its appraiser to understand the importance of several tax-related nuances when developing a defensible tax position. Valuation and Business Modeling Services professionals at KPMG have extensive consulting and industry experience in the following tax planning and compliance matters:
- Purchase price allocations
- Legal entity restructurings
- Cross-border transactions
- Utilization of net operating losses
- Property tax valuations
- Worthless stock deductions
- Debt modifications and cancelations
- Gift and estate tax planning.
In addition to bringing specialized knowledge in the above tax matters, we also have a dedicated team of valuation professionals in our Washington National Tax practice that specializes in tax valuations.