How Long to Read The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions

How Long Does it Take to Read The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions?

It takes the average reader and 24 minutes to read The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions by Daniel Ehrmann

Assuming a reading speed of 250 words per minute. Learn more

Description

Seminar paper from the year 2017 in the subject Business economics - Accounting and Taxes, grade: 1,3, University of Applied Sciences Aalen, language: English, abstract: This paper deals with the influence of tax loss carry-forwards of target companies on their valuation in acquisitions. Under German tax law, losses can be offset with future profits, if certain conditions are met. This makes tax loss carry-forwards an asset, which may influence the corporate value of the target company from the purchaser's persepective. When and how tax loss carry-forwards may impact corporate valuations in the context of acquisitions shall be explained in this paper. The main body of the paper is divided into two parts. The first part includes the theoretical foundations, beginning with a short introduction into the topic of M&A and company valuations for the further clarification of the topic. Afterwards, legal foundations about the treatment of tax loss carry-forwards in case of transactions are presented. The subsequent analysis part includes mainly two qualitative research methods. At first, two expert interviews are conducted to find out how relevant the topic is in practice and how it is practically addressed. At second, the mathematical relationship between tax loss carry-forwards and the corporate value is determined by doing a case study. Thereby, a fictitious corporation is assessed. For a comprehensive research, different cases are considered. During the last decades, mergers & acquisitions have increased substantially in popularity. Their growth in transaction volume and the number of transactions bespeak the importance of this topic. Although theory seems plausible, the success of M&A-transactions does not always meet expectations. On the one hand, this is often owed to unrealistic assumptions, especially overrated hypothetic synergy effects. On the other hand, it origins in the complexity of such transactions.

How long is The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions?

The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions by Daniel Ehrmann is 24 pages long, and a total of 6,096 words.

This makes it 8% the length of the average book. It also has 7% more words than the average book.

How Long Does it Take to Read The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 33 minutes to read The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions aloud.

What Reading Level is The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions?

The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions?

The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions by Daniel Ehrmann is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy The Influence of Tax Loss Carry-Forwards on the Valuation of Corporations in the Context of Acquisitions by Daniel Ehrmann on Amazon click the button below.