GREY:GDPEF - Post by User
Post by
LeftBookon Jan 22, 2020 10:08am
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Post# 30582664
tax credits
tax credits
some small note.
I bumped into an accountant that worked on a deal involving tax credits.
The tax credits went for 15c on the dollar.
There were numerous factors to get to that valuation including the applicabilty to the purchasing business, possible challenges from the tax authority, etc. I don't know the business sector or the jurisdiction. 15% is a ballpark number at best.
value $20M * 15% = $3M
RCG had a sea of debt so probably doesn't matter