Market valuation for tax purposes

Part C: Business valuations

This part provides guidance on valuation approaches and methods for deriving market value for a business, and for securities and intangible assets.

There are a number of occasions when you need to know the market value of a business, security or intangible asset for tax purposes, including:

• changes in capital structure
• changes of ownership
• capital gains tax rollovers
• company divestments
• company acquisitions
• formation of a tax-consolidated group
• entry to a tax-consolidated group
• exit from a tax-consolidated group, and
• thin capitalisation.

Sections within Part C: Business valuations

• Valuation approaches
• Valuation of a business
• Valuation of securities
• Valuation of intangibles