Estate of Dunn v. Commissioner (II)

BVLaw
Full Text of Court Cases
August 1, 2002

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (9,908 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
7353 Heavy Construction Equipment Rental and Leasing
532412 Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
estate and gift taxation
Estate of Dunn v. Commissioner (II)
301 F.3d 339, 2002 U.S. App. LEXIS 15453
US
Federal Court
5th Circuit
United States Court of Appeals
William Frazier, ASA (for estate), Shannon Pratt, CFA, FASA, CBA (for estate), Carmen Eggleston, CPA (for IRS)
Wiener

Summary

The only issue on appeal was the appropriate built-in gains tax discount to be applied in calculating the fair market value of a 62.96% block of common stock.

See Also

5th Circuit Orders Dollar-for-Dollar Reduction for Built-In Capital Gains in Asset-Based Valuation

Legal and Court Case Update
September 2002

This case comes on appeal to the 5th Circuit Court of Appeals from Estate of Dunn v. Commissioner , T.C. Memo 2000-12, 79 T.C.M. (CCH) 1337 (Jan. 12, 2000), which was abstracted in the March 2000 issue of the Business Valuation Update.