Morrissey v. Commissioner

Full Text of Court Cases
March 15, 2001
2326 Men's and Boys' Work Clothing
315210 Cut and Sew Apparel Contractors
estate and gift taxation
estate tax, fair market value (FMV), burden of proof

Morrissey v. Commissioner
243 F.3d 1145, 2001 U.S. App. LEXIS 3913
Federal Court
9th Circuit
United States Court of Appeals
Bret Tack, ASA (for estate)<br>William K. Fowler, AM (for IRS)

Morrissey v. Commissioner
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See Also

9th Circuit Reverses Kaufman; Actual Sales Best Evidence

This case is the 9th Circuit Court of Appeals' decision on appeal of Estate of Kaufman v. Commissioner, T.C. Memo 1999-119 (1999), which was abstracted in the May 1999 Business Valuation Update.

Transactions Occurring Shortly After the Valuation Date Are Probative

The U.S. Court of Appeals for the 9th Circuit considered the Tax Court’s valuation of an Oklahoma company holding a uniform manufacturer in Estate of Kaufman v. CIR, T.C. Memo. 1999-119.