Summary
The Tax Court valued gifts of less than a one percent interest in two closely held regional telephone companies. It accepted the taxpayer's valuation using the market comparison of actual dividends paid. It rejected the inclusion of a small stock premium ...
Louise B. Barnes, donor, et al. v. CIR
PDF, Size: 59 KB
See Also
Small Stock Risk Premium and Lack of Marketability Discount Considered
The Tax Court valued gifts of less than a 1% interest in two closely held regional telephone companies.