The International Valuation Standards Council (IVSC) has appointed Mrs. Lim Hwee Hua as Chair of the IVSC Board of Trustees, effective June 2024. Mrs. Lim has been a trustee since June 2020 and brings a rich background in politics, finance, and global business leadership to her new role. Mrs. Lim’s …
The U.S. Supreme Court unanimously decided on Thursday that life insurance proceeds received by a corporation to fund a share redemption agreement increase the corporation’s estate tax value. The Court ruled that the corporation’s obligation to redeem shares did not reduce its value (Connelly, No. 23-146 (U.S. 6/6/24)). This ruling …