Jointly approved by the AICPA, ASA, Canadian Institute of Chartered Business Valuators (CICBV), NACVA, and IBA, this Glossary of Business Valuation Terms provides some slight variations to the old definition of fair market value
as set forth by Revenue Ruling 59-60.
One way to get a good fair market value
in a lease is to have the property appraised.
Paper gain of $185,696 at a fair market value
Essentially, the optionee purchases all exercised shares at the strike price, and simultaneously relinquishes a portion of these shares with a fair market value
equal to the total strike price and, often, applicable taxes.
As in the case of the family limited partnership, the value of each annual gift will be lower than fair market value
, since it represents only fractional ownership in the property.
Any determination as to fair market value
of the services of the medical director should take the new time requirements and accountabilities under PPS into consideration.
taxpayer engaged in the real estate business owns two properties, Blackacre and Whiteacre, each of which has a fair market value
of $1 million and an adjusted basis of $100,000.
Uncompensated value equals the fair market value
of the asset transferred minus the value of what was received for the asset.
However, some states believe that fair market value
does not fully compensate an owner whose property is taken by eminent domain.
In the following example, fixed-site environmental liability insurance enabled an owner to sell a contaminated property at fair market value
Some taxpayers then have claimed deductions for the cars' retail values, which is typically much more than their actual fair market value
The software features the "optimization" method of business valuation to determine the optimum fair market value
of any business operation or income property.