
Estate wins the discount war
$225.00
Description
Abstract: In Estate of Litchfield v. Commissioner, the Tax Court generally accepted the estate’s proposed valuation discounts because the estate’s expert’s methods were more precise and relied on more recent, company-specific data. The article and an accompanying chart show the differences between the estate’s and the IRS’s discounts and why the court sided mostly with the estate.
Additional information
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Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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