Estate of Bennett v. Commissioner

Business Valuation Update BVLaw
Legal and Court Case Update
February 1, 1993
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estate and gift taxation
estate tax

Estate of Bennett v. Commissioner
T.C. Memo 1993-34, 1993 Tax Ct. Memo LEXIS 47
US
Federal Court
United States Tax Court
Parker

Summary

At issue was the fair market value of a 100% controlling position in the stock of a real estate holding and management company as of Aug. 27, 1985.

See Also

Estate of Bennett v. Commissioner

Issues are FMV of 100,000 shares of stock in Fairlawn Plaza Development, Inc. and whether petitioner is liable for an addition to tax for a valuation understatement.