Redpath Insights

Better Guidance for Variable Interest Entities

On October 31, 2018, the Financial Accounting Standards Board (FASB) issued an update to the Consolidation guidance pertaining to Variable Interest Entities (VIE’s) for private companies. This is good news for these companies and users of these...

The Potential Impact of Tax Reform on Choice of Entity

On November 2nd, the House GOP released the Tax Cuts and Jobs Act. While the Act still has some major hurdles to clear before it becomes law, many business owners are already beginning to analyze the potential impact to them and their businesses....

Transfer Pricing: Using Documentation to Avoid Penalties

If you have transactions with foreign related entities, you need to review your method of documenting your inter-company pricing to avoid substantial penalties. The determination of the price at which related parties will transact (transfer pricing)...

Variable Interest Entity

During 2014, the Financial Accounting Standards Board (FASB) issued an update for the accounting treatment of variable interest entities (VIE) as related to privately held companies. A VIE is an entity in which the investor holds a controlling...