O'Kelly Sutton appointed to the Revenue Commissioners Panel of Experts
O’Kelly Sutton are delighted to have been appointed to the Revenue Commissioners Panel of Experts to provide assistance to the Revenue Commissioners with regard to the valuation of unquoted shares. This will further enhance O’KellySutton’s private company valuation services and capabilities.
In order to assist Revenue with the full and proper application of the various taxation codes, particularly with regard to the market valuations of private companies, Revenue recently formed an expert panel to enhance its valuation service in respect of all forms of unquoted shares.
The role includes
· Providing independent, expert, professional and timely share valuation service to Revenue, in respect of each share valuation engagement. Reports on each share valuation includes outlining the valuation together with the rationale and written evidence for conclusions reached.
· Attendance at meetings with Revenue officials and with other independent share valuers.
· Providing evidence on behalf of Revenue before Arbitration, Independent Experts, Appeal Commissioners and the Courts.