Renier v. Commissioner

BVLaw
Full Text of Court Cases
September 25, 2000
5731 Radio, Television, and Consumer Electronics Stores
443142 Electronics Stores
estate and gift taxation

Renier v. Commissioner
T.C. Memo. 2000-298, 2000 Tax Ct. Memo LEXIS 350
US
Federal Court
United States Tax Court
Yale Kramer (for estate)<br>Allan Lannom (for estate)<br>Leonard Sliwoski (for IRS)
Gale

Summary

Business Valuation and Taxes: Procedure, Law and Perspective ...
Renier v. Commissioner
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See Also

WACC Rejected as Value Measure

The issue in this estate tax matter is the fair market value of decedent James J. Renier's 88.4% interest in the Renier Co., a family-owned electronics retailer in Dubuque, Iowa.

Tax Court Rejects Unsupported Valuation Methods and WACC

The issue in this estate tax matter is the fair market value of decedent James J. Renier's 88.4% interest in the Renier Co., a family-owned electronics retailer in Dubuque, Iowa.

Income Approach Used to Value Retail Consumer Electronics Business

The Tax Court valued a controlling interest in a consumer electronics business.