● National Association of Appraisers
● Worldwide ERC®✅
● National Association of Realtors
● Relocation Directors Council

● To reward employees for excellent performance abroad
● To cover unforeseen cultural training expenses
● To compensate for challenging location conditions✅
● To cover transportation and airline tickets

● Hiring new employees immediately
● Maintaining business continuity before and after the move✅
● Ensuring that all employees relocate
● Reducing salaries to cut costs

● Choosing too few bidders
● Asking too many unnecessary questions✅
● Eliminating some service providers before the bidding starts
● Asking about “soft” metrics like transferee satisfaction

● It accounts for additional tax liability by grossing up the gross-up✅
● It applies the same percentage to all employees regardless of income
● It only considers federal tax rates
● It excludes payroll taxes from the calculation

● Predicting long-term property values
● Estimating future market conditions during the marketing period✅
● Determining historical appreciation rates
● Determining income tax impact for gross-up

● Because BVO transactions have been ruled as non-taxable in previous IRS guidance.
● Because BVO transactions do not involve an employer or relocation company.
● Because the analysis in Ruling 2005-74 of Amended Value transactions generally applies to BVOs.✅
● Because the IRS considers BVO to be outside their scope.