DCF Managing Principal, Tom Decosimo, recently testified in United States Tax Court in Washington, DC as an expert in corporate valuation. His testimony addressed a number of issues, including reviews of the work of other appraisers, whether a discount for lack of marketability was appropriate in the case, and the extent of the discount, if one applied. Tom led a team of professionals at Decosimo Advisory Services (DAS, a division of Joseph Decosimo and Company, PLLC) in this engagement that included DCF Director Brent McDade. The complex dispute called upon the expertise and experience of DCF in corporate valuation, derivative security valuation, and investment banking.

The Tax Court is considered a prestigious venue in which to testify as an expert witness in corporate valuation, because its judges have particular expertise in the fields of taxation, economics, and finance. DCF is proud that its professionals, exemplified in this instance by Tom Decosimo and Brent McDade, are receiving national recognition of their abilities.