Under RARTP, the tax value of assets is determined by applying a “revaluation factor” to the tax value originally determined in each year or period of the asset’s acquisition or construction.
Our experience includes foreign and multinational acquisitions of all sizes in nearly every industry.
Multinational tax consulting, planning, restructuring & reporting support for non-U.S. legal entities, foreign & IP holdco’s, and other operating entities
Australian financial reporting is based on IFRS. The Australian Accounting Standards Board (AASB) has issued AASB standards mirroring IVS with a few very minor changes.