Arm’s-Length Sales, Comparable Companies, and Elements of Control

Business Valuation Update BVLaw
Legal and Court Case Update
April 6, 1999
3523 Farm Machinery and Equipment
333922 Conveyor and Conveying Equipment Manufacturing
estate and gift taxation
fair market value (FMV), burden of proof

Estate of Kaufman v. Commissioner (I)
T.C. Memo 1999-119, 1999 Tax Ct. Memo LEXIS 134
Federal Court
United States Tax Court
Bret Tack, ASA (for estate)<br>William K. Fowler, AM (for IRS)


The Tax Court valued a minority interest in a holding company that held a controlling interest in a uniform manufacturing company.

See Also

Estate of Kaufman v. Commissioner (I)

At issue is the valuation of the decedent's stock in a manufacturing company.