Combined Discount Must Be Thoroughly Explained

Business Valuation Update BVLaw
Legal and Court Case Update
May 25, 2001
estate and gift taxation

Estate of Paul Mitchell v. CIR
250 F.3d 696
US
9th Circuit
United States Court of Appeals

Summary

The U.S. Court of Appeals for the 9th Circuit reversed the Tax Court’s valuation of a minority interest in a hair care products company.

See Also

Estate of Paul Mitchell v. CIR

The U.S. Court of Appeals for the Ninth Circuit reversed the Tax Court’s valuation of a minority interest in a hair care products company. The Tax Court received testimony from both parties regarding the value of the business using a public guideline comp ...