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According to Grant View Research, the global video streaming market size was valued at USD 59.14 billion in 2021 and is expected to expand at a compound annual growth rate (“CAGR”) of 21.3% from 2022 to 2030.

The estimated valuations follow a similar hierarchy as the usage stats reflected in the info byte below indicating a link between the two. YouTube reigns supreme at the top of this list, closely followed by Netflix. Amazon’s Prime Video is far behind in third place followed by its domestic rival Hulu.

Interested in knowing what drives your company's value? Feel free to connect with us for a quick chat.

Rajesh Khairajani

New York City Pass-through Entity Tax For 2022

Acquisitions serve as a powerful business strategy to enter new markets, add new products or technologies, or gain efficiency through scale. Several companies across the globe use M&A as a tool for growth. With key acquirers dominating the M&A market at present, significant deal volumes with high values are expected to continue well into 2023.

Do M&A’s always result in value accretion? To know more about the value of your company and what it might achieve in today’s M&A market, get in touch with Rajesh Khairajani

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The overall revenue of top 25 American companies increased by 18.0% compared to the year before with major growth driven by players in energy, information technology and health care industry.

Did you know combined the top 25 American companies generated more than $5 trillion in revenue in the last twelve months? Notably, that is approx. 30.8% of the U.S's Gross Domestic Product for 2021. for 2022.

For more information, get in touch with Rajesh Khairajani

Despite major geopolitical and financial headwinds, US M&A activity has been resilient in YTD 2022. A total of 8,107 deals worth USD 839 billion have been completed in M&A in YTD 2022, compared to 9,402 deals worth USD 1,100 billion this time last year (down 24% by value and 14% by volume).

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IRS clarifies Assessment Statute Expiration Date (ASED) in multi-year IRC Section 332 liquidation.

Check out Atul Deshmukh's interview published in "Diplomacy & Beyond Plus - A Journal of Foreign Policy & National Affairs" by Consulate General of India, Atlanta.

U.S. Self-Storage Market Performance Q2 2022

Did you know the U.S. Treasury yield curve is a commonly referred market indicator for a host of economic factors, including inflation, growth, and investor sentiment? Here’s the reason why -

Yield curve is a graph in which the yield of fixed-interest securities like U.S. government bonds is plotted against the length of time they have to run to maturity. It captures the perceived risks of bonds with various maturities to bond investors.

The U.S. Treasury Department issues bonds with maturities ranging from one month to 30 years. As bonds with longer maturities usually carry higher risk, such bonds have higher yields than bonds with shorter maturities. Due to this, a normal yield curve reflects increasing bond yields as maturity increases. A steepening curve typically signals expectations of stronger economic activity, higher inflation, and higher interest rates.

However, the yield curve can sometimes become flat or inverted. In a flat yield curve, short-term bonds have approximately the same yield as long-term bonds. An inverted yield curve reflects decreasing bond yields as maturity increases. Such yield curves are harbingers of an economic recession as it signals expectations of rate hikes in the near term and loss of confidence in the economy's growth outlook.

Recently the U S Tax Court issued its second opinion in the case of Medtronic, Inc and Consolidated Subsidiaries vs Commissioner for determining the arm's length rate for a licensing agreement between Medtronic Inc and its foreign subsidiary, Medtronic Puerto Rico for the tax year 2005 and 2006.

This article summarizes the recent U S Tax ruling and its relevance for businesses.

Read in detail here: https://knavcpa.com/us-tax-court-applies-an-unspecified-method-to-increase-medtronic-royalty-rate/

US Tax Court Applies An Unspecified Method To Increase Medtronic Royalty Rate | KNAV Accounting Firm September 13, 2022Kalyani Krishnagiri0 Share US Tax Court Applies An Unspecified Method To Increase Medtronic Royalty Rate 1 file(s) 398 KB Download US Tax Court applies an unspecified method to increase Medtronic royalty rate USA, zLatest Publications

New York Governor Signed SB 9454 on 08-31-2022 enacting nexus for corporates and the city pass-through entity tax.

2022 Arizona Pass -Through Estimated Payment Guidance for Partnerships and S Corporations.