Valuation Services — AEC International

By: Aec Intl  09-12-2011
Keywords: 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:

  • Insurance
  • Expropriation
  • 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.

Keywords: Assessment Management, Property Tax, Tax, Tax Management

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Education & Training — AEC International

We believe that in order to ensure fair and equitable taxation practices globally, it is incumbent upon us, as leaders in the industry, to guide governments in the creation, enhancement and implementation of best practices for a structured property tax framework.


Property Tax Services — AEC International

Our highly respected stature with governing bodies and assessors and our extensive knowledge and understanding of the appeals process put us in a superior position to help you maximize your potential tax recoveries. Our knowledge of diverse property types coupled with our esteemed standing with local governing bodies, increases our effectiveness to maximize potential tax recoveries.


Assessment & Tax Management — AEC International

AEC data management, provided exclusively for our customers, through the iTAM Link platform, aims to give you the clearest picture of your portfolio at any given moment to help you make the right decisions and right time. As your partner, we can leverage our extensive global experience and industry leading technology platform, to centralize, consolidate and analyze your portfolio’s tax assessment information.