Grieve v. Commissioner – Subsequent events: Tax Court rejects speculative assumption
$225.00
Description
Abstract: In a recent gift tax case, the U.S. Tax Court accepted the taxpayer’s value, which included discounts for lack of control and marketability. This article explains that the IRS erroneously based its value on speculative, improbable actions. Grieve v. Commissioner, TC Memo 2020-28 (March 2, 2020) Olson v. United States, 292 U.S. 246, 257 (1934)
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| Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
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