Equipment Appraisers Inc. offers a multitude of services. In every engagement, we interview the client closely to understand the nature of the assignment. Once understood, we advice our clients as to the dimension of value and type of appraisal best suited.

Our Services
Mergers & Acquisitions Inventory
Corporate Reporting Fixed Asset Management
Financing Insurance
Leasing Tax / Donation
Cross Border Transactions  

Tax / Donations

Fair Market Value appraisals are sometimes a requirement by the federal tax authorities (Revenue Canada and the IRS). An appraisal by an approved and credible firm is the basis of determining taxable value. One common use of appraisals for tax purposes is during the donation process. Revenue Canada states that any donation over $1000 (CDN) must have a fair market value appraisal by a credited appraiser. The IRS states that any gift over $5000 (US) must have a fair market value appraisal by professional appraiser.

Purpose:
Donation
Tax Liability
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