Division 296 is set to change how high-balance superannuation interests are treated for tax purposes, and that has a direct valuation impact for Australian business owners with self-managed superannuation funds (SMSFs) holding business assets, business real property, or shares in private companies. From a valuation perspective, the key issue is simple, if a superannuation asset […]
A business fair market value (FMV), or market value, is commonly used in business valuations and is defined by several public institutions or valuation associations as: “the price that would be negotiated in an open and unrestricted market between a knowledgeable, willing but not anxious buyer and a knowledgeable, willing but not anxious seller acting at arm’s length.” If […]