In Depth

UK Growth Capital Update Q2 2020

UK Growth Capital Update – a review of Q2 2020

According to our research into UK private companies raising between £1 million and £20 million of growth equity capital each, 161 British businesses raised £779 million of growth capital in the second quarter of 2020: an average deal size of £4.84 million.

European Transfer Pricing Brief - July 2020

It seems today as if the whole world is dominated by the COVID-19 pandemic. In their battle against the virus, governments are spending huge amounts of money on health care, in supporting their people and trying to relaunch the local economy. We can expect that in the near future, the same authorities will look for new revenues to offset these expenditures: more than ever, they will compete for a fair share of national income tax on the worldwide profits of multinational enterprises (MNEs).

Moore Maritime Index - Shipping trends based on the fleet size

The Moore Maritime Index (MMI) report on “Shipping Trends based on Fleet Size” focuses on studying the possible trends and correlations between “fleet size” and other shipping factors, such as operating expenses, net income, vessel age and capacity. For the purposes of this report, fleet size is defined as the total number of vessels managed by a single management company.

Valuation Guidelines for Private Equity and Venture Capital

In response to the increasing demands for building consensus within the valuation industry, various valuation guidelines have been developed to suit different purposes, and to cater different needs. Among them the International Private Equity and Venture Capital Valuation (IPEV) Guidelines and International Valuation Standards (IVS) are two of the most widely adopted standards in the private equity investments and accounting practices respectively.

Shifting gears

With business moving at an unprecentended pace, many company leaders fail to slow down and thoroughly review all of the challenges and opportunities, large and small, that could impact their organisations’ future success. There’s barely time to complete daily tasks, much less set aside a few hours (or even minutes) for strategic reflection.

French wealth tax for non-residents

In 2018 France replaced its previous wealth tax with a wealth tax that applies to real estate assets only, the so called “IFI” (Impôt sur la Fortune Immobilière). There was some uncertainty initially around the question of deductible debt and the qualification of exempt real estate assets. This note sets out the current position two years on since the introduction of the IFI.  
 

IFRS and its impact on Lessees

The International Accounting Standards Board (IASB) issued IFRS 16 Leases on 13 January 2016. Revising the lease accounting requirements was first added to the IASB’s agenda in 2006. Since then, several exposure drafts have been issued and hotly debated. Now that IFRS 16 has been released, our team looks at the key implications for leases and lessees.

 

Moore Global Responds to the OECD

Moore Global responds to the OECD consultation document 'Secretariat proposal for a "unified approach" to Pillar One'.

Moore Global appreciates the work that has been carried out by the OECD in this area to date and welcomes the opportunity to provide its comments and views on the complex area presented. 

Sale and leaseback transactions and IFRS 16 implications

The turmoil in the shipping and financial markets since 2008 has resulted in a significant decrease in funds available for borrowing and has led shipping companies to seek alternative methods of financing for the acquisition of vessels such as the sale and leaseback option. With the adoption of IFRS 16 from 1 January 2019, Panos Drakoulakos details how this will impact sale and lease backs as an alternative financing method.