Fleming v. Commissioner

Full Text of Court Cases
October 27, 1997
6141 Personal Credit Institutions
522291 Consumer Lending
estate and gift taxation
estate tax

Fleming v. Commissioner
T.C. Memo 1997-484, 1997 Tax Ct. Memo LEXIS 566
Federal Court
United States Tax Court
Richard P. Bernstein (for estate) <br> Monty L. Harrell (for respondent)


At issue is the fair market value of the stock interest in a small loan company that was owned by Thomas A. Fleming (decedent) at the date of his death.

See Also

Court Allows Both Minority and Marketability Discounts for 50% Stock Interest

The issue is the value of a 50% stock interest in a small consumer loan company with a book value of $2,168,839.