Residual method for valuation applies where primary rules fail, using reasonable means consistent with valuation principles. When value cannot be determined under rules 1-4, the residual method requires determining the value by reasonable means consistent with the valuation ... Summary
Residual method for valuation applies where primary rules fail, using reasonable means consistent with valuation principles.
When value cannot be determined under rules 1-4, the residual method requires determining the value by reasonable means consistent with the valuation principles in section 15 and related rules; suppliers of services may elect this residual method even where rule 4 would otherwise apply.
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