FMV - The Basics

This module covers basic information on Fair Market Value (FMV). It answers the questions: What is Fair Market Value (FMV)and why is it important? What are the specific rules for determining FMV? How do I receipt for FMV different types of gifts cash or gifts-in-kind)? What other considerations do I need to take into account when determining FMV? What is Deemed FMV value? GST and Fair Market Value (FMV)