The Pricing of Financial Instruments in Tax Disputes
The pricing of uncertainties, when establishing the market value of financial instruments, is problematic in taxlitigation since the outcome of the litigation is binary. Different values can be equally correct, depending on thechoice of models, assumptions regarding model parameters and forecasting techniques. The purpose of thisarticle is to illustrate the challenges for tax administrations and cThe pricing of uncertainties, when establishing the market value of financial instruments, is problematic in tax litigation since the outcome of the litigation is binary. Different values can be equally correct, depending on the choice of models, assumptions regarding model parameters and forecasting techniques. The purpose of this article is to illustrate the challenges for tax administrations an