valuation of Kerry Coop shares for inheritance tax purposes

Milo67

Registered User
How are Kerry Coop shares valued for inheritance tax purposes. Are they valued at a nominal rate of €1.25 per share. This valuation was accepted by the Revenue in the past but am not sure if it is still acceptable. Thanks
 

T McGibney

Frequent Poster
The market value of any publicly quoted share on any given valuation date is easily ascertainable. The nominal rate of that share is totally irrelevant.
 

torblednam

Frequent Poster
The market value of any publicly quoted share on any given valuation date is easily ascertainable. The nominal rate of that share is totally irrelevant.
I think the Co-op shares are traded in a grey market though, so not as straightforward as a quoted share? (but needless to say their value is far in excess of par, as the co-op owns X% of the plc...)
 

major

Registered User
My farm accountant was saying that revenue were valuing them at €200 per coop share and that was about 2 years ago so he might have been in the process of preparing some kind of valuation for another client
 

john luc

Frequent Poster
the value of co op shares are 6.12 times the plc shares so as the plc price is about 90 at the moment would put the co op share price about 550.
 
Top