Proposed Sec. 2704 Regs Fly in the Face of BV Theory and Tax Law

Business Valuation UpdateVol. 22 No. 10
October 2016
Ronald D. Rudich, CPA/ABV/CFF, MST, MCBA, CVA/ABAR/MAFF CM&AA, CMEA

Summary

For many years, the Internal Revenue Service has argued that business valuation adjustments when applied to family-controlled entities are utilized merely to reduce the gifted or inherited asset. Valuation experts, accountants, and attorneys contend that ...