Summary
Eighth Circuit upholds Tax Court’s decision regarding application of IRC Sec. 2703 to FLP transfer restrictions and their limitation of marketability discounts under the fair market value standard.
Holman v. Commissioner (II)
PDF, Size: 91 KB
See Also
Close Call: Taxpayer Appeals FMV Standard and Discounts in Valuing FLP Restrictions
8th Circuit upholds Tax Court’s decision regarding application of IRC Sec. 2703 to FLP transfer restrictions and their limitation of marketability discounts under the fair market value standard.