David Laro & Shannon P. Pratt 
Business Valuation and Taxes [PDF ebook] 
Procedure, Law, and Perspective

Disputes over valuation issues fill the court’s dockets and for
good reason, fair market valuations are required frequently by the
law. The authors believe that approximately 243 sections of the
Code and several thousand references in the Regulations explicitly
require fair market value determination. Consequently, taxpayers
file an estimated 15 million tax returns each year reporting an
event involving a valuation related issue. It is no mystery,
therefore, why valuation cases are ubiquitous. Today, valuation is
an important and highly sophisticated process. Valuators need
legitimate guidance to perform their work. The objective of this
book is to provide knowledge, and guidance to those who do the
valuations as well as those who are affected by them.

This unprecedented text provides:

* Clear guidance and perspective on business valuation from two
of the nation’s top authorities, Hon. David Laro and Dr
Shannon Pratt.

* Insightful perspective and discussion on critical issues,
procedures and law pertaining to business valuation.

* An overview of business valuation procedures

* Law and techniques of Fair Market Value Opinion from the Hon.
David Laro and Dr. Shannon Pratt who express their unique and
critical views.

* The business valuer with everything from the basics to the
sophisticated. From definitions to valuing complex business
interests, what you need to know about business valuation.

* Everything from empirical market evidence to credible expert
business valuation testimony discussed and analyzed by the Hon.
David Laro and Dr. Shannon Pratt.

Об авторе

DAVID LARO was appointed by President Bush to the United States Tax
Court, confirmed by the Senate, and vested as a federal judge in
November 1992. He formerly practiced law in Flint and Ann Arbor,
Michigan, specializing in tax law for twenty-four years. Judge Laro
was chairman and CEO of a publicly traded international company and
cofounded Republic Bancorp, a Michigan bank holding company. He is
an adjunct professor of law at Georgetown University Law Center, a
visiting professor at the University of San Diego Law School, and a
lecturer at Stanford Law School. He is a frequent guest speaker and
has written numerous articles on taxation.

Shannon P. Pratt, CFA, FASA, MCBA, CM&AA, is the
Chairman and CEO of Shannon Pratt Valuations, Inc. a premier
business valuation firm located in Portland Oregon, and is the
founder and Editor Emeritus of Business Valuation Resources, LLC.
Over a distinguished career of close to four decades, he has
performed valuation engagements for M&A, ESOPs, gift and estate
taxation, marital dissolution, shareholder oppression and dissent,
and numerous other purposes. He has conducted numerous fairness and
solvency opinions, has testified in a wide variety of federal and
state courts across the country, and frequently participates in
arbitration and mediation proceedings. Dr. Pratt is one of the most
successful and respected authors in his field. He is the author or
coauthor of several industry standards, including Valuing a
Business: The Analysis and Appraisal of Closely Held Companies,
Valuing Small Businesses and Professional Practices, The
Market Approach to Valuing Businesses, Standards of
Value, Business Valuation and Taxes, The Lawyer’s Business
Valuation Handbook, and Cost of Capital