40% 'Aggregate' Discount: Marketability, Control, and Unrealized Capital Gains

Business Valuation UpdateVol. 7 No. 12
Legal and Court Case Update
December 2001
6733 Trusts, Except Educational, Religious, and Charitable
525920 Trusts, Estates, and Agency Accounts
estate and gift taxation
estate tax, gift tax, control, burden of proof

Estate of Dailey v Commissioner (I)
T.C. Memo 2001-263
October 3, 2001
Federal Court
United States Tax Court


The IRS determined that decedent's estate owed amounts for estate tax and gift tax deficiencies.

See Also

Estate of Dailey v. Commissioner (I)

At issue are the valuation of certain retained and gift interests in a Family Limited Partnership (FLP).