Valuation of goodwill and going concern important in matters involving insolvency and change of ownership.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on July 1, 1992. The length of the article is 881 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Changes in corporate ownership as a result of financial troubles and reduction of purchase price by forgiveness of debt on an acquisition can significantly affect tax liability depending on the solvency of the concern. If solvent, the price reduction would not affect the valuation of the acquired assets. In this circumstance a careful appraisal of goodwill, tangible and intangible assets is valuable in determining the concern's solvency status in terms of its fair market value.

Citation Details
Title: Valuation of goodwill and going concern important in matters involving insolvency and change of ownership.
Author: Carl E. Schwab
Publication:The Tax Adviser (Magazine/Journal)
Date: July 1, 1992
Publisher: American Institute of CPA's
Volume: 23 Issue: n7 Page: 451(2)

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