Examlex
Identify several transactions by business taxpayers where state and local tax issues are important.
Goodwill
An intangible asset reflecting the value of a company’s brand, customer relationships, and other non-physical assets that contribute to earnings over and above the fair value of identifiable assets and liabilities.
Significant Influence
A term used to describe the capacity of an investor to affect the financial and operating policies of an investee through ownership, without having control.
Undervalued
A term describing securities or assets selling for less than their intrinsic or book value, typically due to market inefficiencies.
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