Deseret Management Corp. v. United States

BVLaw
Full Text of Court Cases
July 31, 2013
4832 Radio Broadcasting Stations
515111 Radio Networks
federal taxation
discounted cash flow (DCF), like-kind exchange, internal revenue code (IRC), residual method

Deseret Management Corp. v. United States
2013 U.S. Claims LEXIS 987
US
Federal Court
N/A
United States Court of Federal Claims
BIA Consulting, Inc., Jerry Hausman (respondent); Ms. Flynn (government)
Allegra

Summary

In tax refund case related to tax code’s like-kind exchange provisions, Court of Claims rejects a bright line rule that radio stations cannot have goodwill; it also finds that the discounted cash flow (DCF) method the government’s expert chose to determin ...
Deseret Management Corp. v. United States
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See Also

IRS Strains to Prove Goodwill in Like-Kind Exchange

In tax refund case related to tax code’s like-kind exchange provisions, Court of Claims rejects a bright line rule that radio stations cannot have goodwill; it also finds that the discounted cash flow (DCF) method the government’s expert chose to determin ...