A foreign tax commission retained Cornerstone Research to assist in a suit against a merchant bank and financial services group.
A foreign tax commission retained Cornerstone Research to assist in a suit against a merchant bank and financial services group. The commission claimed that the taxpayer had inappropriately received a tax benefit intended to encourage investment in biotechnology by inflating the value of certain patents it owned. With support from Cornerstone Research two experts analyzed the validity of the assumptions and inputs used by opposing experts in their valuation models. Cornerstone Research assisted the client and experts through the filing of two expert reports, two reply reports, and trial.
