Intellectual Property Funds Pensions
With a UK-defined-benefit structure heavily in deficit, VRG’s client was under pressure to address its current funding gap.
With a UK-defined-benefit structure heavily in deficit, VRG’s client was under pressure to address its current funding gap.
In support of its $7.8 billion acquisition of Groupe Danone’s global biscuit business, Kraft Heinz required a valuation for financial and tax reporting purposes.
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.
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.