Who may conduct a market valuation for tax purposes?
- Market valuation may be conducted by:
- an external qualified valuer;
- an internal qualified valuer;
- a member of a recognized professional valuation body; or
- a person without formal valuation qualifications who bases the valuation on reasonably objective and supportable data.
- The most appropriate choice for you will depend on the nature and estimated value of the asset and other circumstances of the business.
Read some more FAQS from our Mergers & Acquisitions section