Transportation & Logistics Newsletter
First Quarter 2026
When people talk about the “value” of a company, it is easy to assume there is one correct “answer.” In practice, there are many possible answers, and which one is the best answer depends on the purposes of the valuation, the user, and the facts and circumstances at hand. The Internal Revenue Service’s Revenue Ruling 59-60, defines fair market value “as the price at which the property would change hands between a willing buyer and a willing seller when the former is not under any compulsion to buy and the latter is not under any compulsion to sell, both parties having reasonable knowledge of the relevant facts.” This is a great place to begin, but it is only the start.
