Court Labels Experts as Unexperienced, Revalues Company Itself

Business Valuation UpdateVol. 10 No. 10
Legal and Court Case Update
October 2004

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2741 Miscellaneous Publishing
511130 Book Publishers
estate and gift taxation
Estate of Thompson v. Commissioner (I)
2004 Tax Ct. Memo LEXIS 180
July 26, 2004
US
Federal Court
United States Tax Court
Jonathan W. Wolfe
George E. Goerig, Esq. (for estate)<br>Paul M. Wichorek, CPA (for estate)<br>Brian C. Becker (for IRS)
Swift

Summary

The issue in this estate tax case was the value of a 20% interest in Thomas Publishing Co. (TPC), a producer and seller of industrial and manufacturing business guides and directories.

See Also

Estate of Thompson v. Commissioner (I)

Full Text of Court Cases
July 26, 2004

At issue in this case was the fair market value of Thomas Publishing stock.