Surplus Assets in Business Valuations

As part of the process of valuing a company, we revalue the balance sheet of a company from book value to market value and then separate the assets and liabilities of the company into three categories:

Business Assets and Liabilities
Surplus Assets & Liabilities
Financing Liabilities

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Ongoing Timbercorp payments: Tax deductible?

If I continue to make payments under the agreements, will these expenses be tax deductible? Taxpayers who invested in either a Timbercorp or Great Southern managed investment scheme are now well aware of the fact that: Timbercorp was originally placed…

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