Civil Code Insurance



Valuation for insurance appraisal report required for submission to the insurance company of complete data on the cost of insurance. Ken Singleton understands that this is vital information. Of course, the insurance company can assess your property for its forces, but in most cases, being an interested party, it tends to undervalue the object of insurance. Accredited by the insurance company is much more honest, independent appraisers are assessing, but case of unfair assessment, you can appeal to a third party independent appraisal company. Glenn Dubin, New York City is full of insight into the issues. In such a case is examined the valuation report and in the case of an unfair assessment of this company will start with the problem license and even more so with the reputation. Valuation for the purpose of taxation of enterprises independently determine the taxable base, in accordance with relevant regulations. Smartly, the evaluation can significantly reduce the tax base, without leaving the scope of existing legislation. Determining the size of the damage or loss of profits Under the Civil Code, if a person has violated law, was due to this income, the person whose right is violated, the right to demand compensation, along with other damages for lost profits in an amount not less than such revenues.

The report on the damage assessment made by an independent appraiser – is convincing argument in court and ensuring reparation for damages. Estimate for the voluntary liquidation of business or its part in this case need to determine the liquidation value of assets in liquidation business. Score will determine the value of reserve assets in liquidation and to increase overall revenues. Assessment of individual species or individual sites of enterprise property real estate, as well as personal property – cars, equipment and vehicles should be evaluated for their introduction as a contribution to charter capital, the transfer of ownership of property (purchase, sale, gratuitous receipt / transfer, rent, lease, etc.) for purposes of credit secured by the assessed property (mortgage) for the purpose of property insurance, as well as in business valuation and corporatization. Intellectual property (IP): brand, trademark, trade Brand – should be evaluated in making the cost of ITNs in the charter capital, with statement on accounting as intangible assets, with the assignment of rights to itn, the transfer of rights to the use of ITNs on the license basis, with a pledge of ITNs; to determine the damage caused by unauthorized use of ITNs, as well as in business valuation. Score to the revaluation of fixed assets Under the legislation (PBU 6 / 01, approved Order of the Ministry of Finance dated 18 May 2002. 45), the organization has the right to no more than once a year, on January 1 of the year, reassess all or part of the cost of fixed assets at their replacement or full stoimosti. score to the revaluation of fixed assets – is today the simplest and most effective way of tax optimization. According to the results of revaluation / to reduce fixed assets / savings will be tax property, and the estimated amount will be allocated to the cost of the enterprise – thereby reducing the income tax.