Estate of Jung v. Commissioner

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November 10, 1993

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6719 Offices of Holding Companies, NEC
551112 Offices of Other Holding Companies
estate and gift taxation
estate tax
Estate of Jung v. Commissioner
101 T.C. 412, 101 T.C. No. 28
US
Federal Court
United States Tax Court
Chabot

Summary

Issues are the fair market value of decedent's 168,600 shares of Jung Corp. stock and whether petitioner is liable for an addition to tax under section 6660.

See Also

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Legal and Court Case Update
November 10, 1993

The Tax Court valued a medical textiles manufacturing company using the discounted cash flow method.

Estate of Jung v. Commissioner

Legal and Court Case Update
November 10, 1993

The marketability issues of this case were in connection with the determination of the fair market value of the decedent’s 20.83% holdings of voting common stock of a closely held corporation that was family owned.