The Tax Cuts and Jobs Act (TCJA) was signed into U.S. federal law on December 22, 2017, and it is the most significant change to the tax environment for C-corporations (and taxpayers in general) in 30 years. Take the following 10-question quiz prepared by Adamy Valuation to assess your knowledge level of the TCJA’s impact on the business valuation of your company, subsidiary, reporting unit, or subject interest.
The following ten multiple-choice questions are intended to test your knowledge of how the TCJA affects the business valuation of a hypothetical company that is a C-corp. The questions are written from Adamy Valuation’s perspective as a provider of valuation opinions and other financial advisory and consulting services. Please choose the best answer.