Strong Pushback of Sec. 2704 Regs at IRS Hearing

Business Valuation UpdateVol. 23 No. 1
January 2017

Summary

An unprecedented number of speakers testified at the December 1 IRS hearing to fight the controversial proposed Section 2704 regulations. The regs, designed to curb estate valuation discounts for minority interests, are so broad and convoluted that they s ...