What Is Ascertainable Consideration?
The Defining Feature of Ascertainable Deferred Consideration Is That All of the Events Which Affect the Amount Occur Before the Date of the Disposal. What Does...
The defining feature of ascertainable deferred consideration is that all of the events which affect the AMOUNT occur before the date of the disposal.
What does deferred consideration mean?
Deferred consideration is consideration for the sale of an asset that is (or may be) payable in the future rather than at the time of disposal. It is sometimes also referred to as an earn out.
What is unascertainable consideration?
CG14970 - Deferred consideration: unascertainable: future payments when received. There will be an occasion of charge when each future payment is received. This should be treated as a disposal or part-disposal of the right to receive the future payments.
Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.
