Duff & Phelps reduced a client's property tax liability even as the taxable basis increased.
This webcast replay highlights critical tax issues that require specific attention during the M&A due diligence process, deal closing and post-acquisition time frame to avoid unnecessary and costly tax "surprises".
Over the past several years uncashed rebate checks, commonly referred to as "slippage", have become a growing concern for companies that offer rebates for their products as well as the companies that process and issue them. Although not technically a tax, states have embarked on an aggressive campaign, stepping up the collection of unclaimed property from all corporations. Uncashed rebate checks have become their most recent area of pursuit. When states collect this unclaimed property, there is technically no one to forward it to. These collections oftentimes go directly into the state coffers to fund general budget expenditures.
The frozen credit markets have prompted many debt issuers to explore debt exchanges in lieu of refinancings.
The increase in commercial property values in Colorado since the last valuation cycle will cause most commercial property assessments in the state to increase substantially when compared with those for 2008. This increase will be driven primarily by the real estate reassessments being issued by Colorado County Assessors on May 1, 2009.
Duff & Phelps managing director, Timothy Reichert, discusses the controversy around buy-ins and the high level of scrutiny tax authorities are placing on cost sharing agreements.
The US Department of Energy has a new grant opportunity for energy efficient building and industrial retrofits.
In this economic environment, more and more companies are recognizing asset impairments, including those pursuant to SFAS 144-Accounting for the Impairment or Disposal of Long-Lived Assets.
Read the latest edition of our publication covering recent developments in transfer pricing.