Background
Accredited Senior Appraiser
BA, University of Tennessee
MBA, Vanderbilt University
Key projects
Appraisal / Litigation Suport
Public Finance Advisory
Arbitrage Rebate Analyses
IRS Audit Response
Dwight Percy is an experienced financial analyst. Designated as an Accredited Senior Appraiser ("ASA") by the American Society of Appraisers, Dwight leads the valuation and litigation support efforts of the firm.
A common theme in Dwight's work is the review and analysis of large amounts of data to produce reports that can be readily understood by the client. In this age of overwhelming data availability, the need for clear and concise analysis and presentation of the information generated from data is critical.
Valuation and Related Services: Dwight is an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers. The ASA is one of the most respected multi-disciplinary appraisal associations in the world. In 2001, Dwight served as President of the Alabama Chapter of the ASA. Dwight has prepared numerous business appraisals for the purposes of gift taxes, estate taxes, income taxes, and family planning. He also provides support to clients involved in litigation and when expert testimony is required. When the firm is requested to provide a fairness opinion, Dwight normally provides the analysis and rationale for the transaction.
Public Finance Advisory Services: Dwight has served as financial adviser to several public bodies in Alabama, with special emphasis on tax-exempt debt, asset and liability management; creation of investment policies; and calculation of arbitrage rebate liability for federal tax purposes.
He was also a key team member when Porter White restructured two water utility systems with combined assets of over $500 million to the benefit of the City of Birmingham. One result of the water system restructuring was the creation (at Porter White's suggestion) of a $90 million endowment fund for the City of Birmingham - one of the few, if not the only, municipal endowment funds in the U.S.
IRS Audit Response: Dwight has assisted tax-exempt clients under
audit by the IRS by collecting, analyzing and presenting information regarding
uses of bond proceeds. Successful work on IRS field audits involves understanding
and anticipating the key issues that might come up, locating and analyzing
relevant information, and presenting it effectively to IRS agents in a way
that responds to their inquiries and avoids confusion.
Before joining
Porter, White & Company, Dwight served as manager of gas supply for Sonat
Trading Company and as a strategic corporate planner. He graduated
from the University of Tennessee in 1976 and and received an MBA from Vanderbilt
university in 1981.