The result of deducting total operating expenses from total operating revenues is net income from hotel operations, which is capitalized to going concern value
The rationale for placing goodwill and going concern value
in a true residual class, Class V, may be that the IRS was concerned that placing all Sec.
What action should each partnership consider taking to ensure a valid election; The transferee partnership cannot amortize the goodwill or going concern value
pursuant to a Sec.
The window period prevents the related parties from churning goodwill or going concern value
from unamortizable status under prior law to an amortizable asset under new law.
The inclusion of such assets as goodwill and going concern value
are especially noteworthy since those assets are not depreciable under current law.
The former is called liquidation value and the latter is called going concern value
Going concern value
, by contrast, is an estimate of the present value of the firm's future earnings under a variety of scenarios that faithfully reflect risks to the viability of the firm's business.
The IRS believes that goodwill and going concern value
are "so inherently unique and inseparable from the business" that they can never be of like kind with any other goodwill or going concern value
He noted that transfers of foreign goodwill and going concern value
would likely remain exempt under section 367(d), but the question is whether the value transferred offshore is attributable to the exempt items.
Congress enacted Chapter 11 to enable a debtor to preserve its going concern value
and operations, as well as to provide its employees with jobs and to satisfy creditor claims based upon the value of the reorganized company.
Our goal is to preserve and grow the going concern value
investment value, going concern value
, value in use, and so on.