Valuation Services — AEC International
Tax, Property Tax, Tax Management
Valuation Services — AEC International
iTAM Link (Internet Tax and Assessment Management)
Fair and equitable assessment and tax management depends entirely on having the most accurate data available at any given moment. AEC utilizes the Internet Tax and Assessment Management system (iTAM Link), developed, exclusively for AEC International, with our strategic partner, Rethink Solutions Inc.
AEC International professionals provide a full range of valuation services to corporations, private equity firms, governments, insurance carriers, attorneys and institutions. Our valuations meet all valuation principals, professional standards and requirements for governing tax authorities and courts and are fully compliant with the latest international standards. We can provide valuation services for any type of asset, for any purpose, including:
- Acquisition and Disposition
- Property tax
- Financial reporting
Valuation conclusions are derived by considering all current valuation principals and professional standards and insights gleaned from years of experience working with diverse companies and industries across the globe.
Valuations for Insurance Purposes
Proper valuation of property and assets can lead to increased understanding and clarity of your overall financial position to ensure accurate and sufficient insurance coverage – which can sometimes lead to decreased insurance premiums on property, equipment, and building improvements.
As your partner, our goal is to reassess your fixed or real assets in order to minimize risk to both, you, the insured, and your insurer. During this process, you will benefit from our experience and ability to establish full cost value analysis as required, for any type of fixed asset.
AEC International consultants and advisors provide solid valuation conclusions for fixed assets, perform a thorough review of your portfolio to eliminate inaccuracies accumulated over time and create substantial evidence reports and establish fair replacement cost values for fixed asset inventory, insurance, disposal, expropriation and property assessment purposes.
Valuations for Financial Reporting
Being leaders in the industry, we continually strive to be at the forefront of change and advancement affecting our industry. In 2011, International Financial Reporting Standards (IFRS) will replace Generally Accepted Accounting Principals (GAAP). A change that will, undoubtedly, bring increased scrutiny to your financial statements and reporting practices.
Under IFRS guidelines, first time adopters have the opportunity to state assets according to fair value rather than historic cost. As qualified and expert valuation professionals, we are in an ideal position to help your organization by providing independent, market-based value estimates and advice for your first IFRS financial statements.
Valuations for Expropriation Purposes
Expropriation, or more plainly, the compulsory transfer of land to the government for the completion of a public works project, is a power possessed by governments all across the globe. The process by which this action is governed however, varies from region to region but in most countries, including Canada and the United States, the owner of any appropriated land is entitled to fair and reasonable compensation, usually defined as the fair market value of the property.
Ordinarily, expropriation for a “public use” can be expansively defined along the lines of public “safety, health, interest, or convenience”. The most common example of expropriation for “public use” is the construction or expansion of public roads or highways. Public use could also include the construction of schools or municipal buildings, a public park, or to redevelop blighted property or neighborhoods.
As qualified and professional appraisers, with over 35 years experience serving private and public interest, we have extensive knowledge in determining fair value for businesses and individuals whose land is under proceedings for expropriation in full or partial expropriation, commonly referred to as an easement. We can provide objective valuation of any type of property, manufacturing, industrial, retail etc to ensure that you are compensated appropriately and your expropriation claim is complete, professionally appraised, well researched and properly documented.
, Property Tax
, Tax Management