Valuation

In Korea the "value" of unlisted shares depends on why you're asking. A fair value for a deal, a tax-method value under the Inheritance and Gift Tax Act, and a valuation required by the Capital Markets Act can all give different numbers for the same company.

What this covers

• Valuation of unlisted shares and businesses for acquisitions, disposals and restructurings
• Korean tax-method valuations and comparison with fair value
• Valuations for financial reporting (e.g. purchase price allocation, impairment testing)
• Explaining the differences between these values to HQ and investors