Court Labels Experts as Unexperienced, Revalues Company Itself

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


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)

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