Determined the fair market value for more than 60 foreign corporations

Determined the fair market value for more than 60 foreign corporations

International Valuation as a Result of GILTI

Stout determined the fair market value of more than 60 controlled foreign corporations of an "inverted" global public company in connection with tax planning related to The Tax Cuts and Jobs Act of 2017 and "global intangible low-taxed income" (GILTI). Stout assisted the client by preparing a robust valuation of each entity using the income, market, and cost approaches in support of the client's various international tax filings.