The Mysterious World of Valuations (Irish Tax Review 2021 Issue 1)
...is that they can be subjective and can also change frequently, depending on both external environmental factors and internal factors based on the asset itself. The year 2020 was a particularly challenging one on the valuation purposes, given the level of uncertainty caused by the Covid-19 pandemic and Brexit, the buoyant recovery and continued growth of the stock markets, the high level of transactional activity, and the disparity caused by unprecedented growth in certain sectors and unprecedented decline in others. 2021 has started in a similar vein, but with hope on the horizon in terms of...
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