Precision Economics has a long history of writing economic reports and testifying around the world. Formed by experienced economists in 2001, the focus at Precision Economics has been on transfer pricing, valuation, commercial damages, intellectual property, international trade, and antitrust matters. Our economists have testified in a variety of venues; including U.S. Tax Court, the Federal Court of Australia, the Canadian International Trade Tribunal, the U.S. International Trade Commission, the Tax Court of Canada, and UNCITRAL (United Nations Commission on International Trade Law) Arbitrations.
Our economists have served as experts for plaintiffs, defendants, investors, and multinational companies in more than 500 matters. In addition, the Governments of Australia, Canada, New Zealand, and the United States have engaged Precision Economics on more than 100 occasions. Some of these assignments have included the valuations of brand names, patents and technology, trade secrets, privately held companies, interest rates on derivative debt, discounts for factoring receivables, executive compensation, solvency, film rights for books, flotation costs, and foreclosure losses.
Entering into its 20th year in business, Precision Economics is surrounded by centuries of history in its neighborhood. We are headquartered at the site of Washington, DC’s Seven Buildings. The Seven Buildings were built in the 1790s as early luxury homes in the new city. Two decades later, the Seven Buildings were called in to service after the White House was burned during the War of 1812. President and Dolley Madison made the Seven Buildings their home for two years. Later these buildings housed the French Embassy, the British Embassy, one Vice President, and another President. Pictured above in 1920, the corner unit has operated as a drugstore (now CVS) for 120 years.