How to value the Fair market value of a CCPC share

Question

2948 viewsApril 17, 2019Personal Tax

0

Mike Singh (anonymous) Posted April 16, 2019

I Have A Small Business With Last Two Years Accumulated Profits Of Around $ 250,000. How Do I Value The Fair Market Of The Shares Before Selling Them To My Son And Wife?

1 Answer

score 0 · Answer 1 · 2019-04-17T13:51:12+00:00

You should hire a Chartered Business Valuator to determine the value of the business. As a general rule of thumb, the value of a business is 3 to 5 times its EBITA (Earnings Before Interest Taxes & Amortization).

How to value the Fair market value of a CCPC share

1 Answer

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