Rakow v. Commissioner

BVLaw
Full Text of Court Cases
May 27, 1999

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (5,058 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
1629 Heavy Construction, NEC
237110 Water and Sewer Line and Related Structures Construction
estate and gift taxation
control premium, fair market value (FMV), market approach
Rakow v. Commissioner
T.C. Memo 1999-177, 1999 Tax Ct. Memo LEXIS 214
US
Federal Court
United States Tax Court
George H. Reddin (for taxpayer)<br>Warren T. Jacobsen (for IRS)
Gale

Summary

At issue is the fair market value of stock given by petitioner to her children and grandchildren.

See Also

DCF Method Appropriate for Valuing General Contractor

Legal and Court Case Update
July 1999

In 1992, May Rakow gave 1,780 shares of Illinois Hydraulic Construction Co. (IHC) stock to her children and grandchildren.