Summary
The Arkansas Supreme Court reversed a Chancellor's valuation of an insurance agent's book-of-business. The Chancellor deducted the tax consequences of a hypothetical sale of the asset. The appellate court reversed this decision. It found that the tax con ...
Pamela Grace v. Theodore Grace
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See Also
Tax Consequences of Hypothetical Sale Found Speculative
The Arkansas Supreme Court reversed a Chancellor's valuation of an insurance agent's book-of-business. The Chancellor deducted the tax consequences of a hypothetical sale of the asset. The appellate court reversed this decision. It found that the tax con ...