IRS Burden of Proof Does Not Obviate Errors in Taxpayer Valuation

Business Valuation UpdateVol. 13 No. 10
Legal and Court Case Update
October 2007

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (5,697 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
2741 Miscellaneous Publishing
511140 Directory and Mailing List Publishers
estate and gift taxation
Estate of Thompson v. Commissioner (II)
2007 U.S. App. LEXIS 20066
August 23, 2007
US
Federal Court
2nd Circuit
United States Court of Appeals
Joshua M. Rubins
George Goerig and Paul Wichorek (estate); Brian Becker (IRS)
Jacobs

Summary

2nd Circuit rejects taxpayer’s contention that, should IRS fail its burden of proof, then the court must defer to estate’s valuation analysis.

See Also

Estate of Thompson v. Commissioner (II)

Full Text of Court Cases
August 23, 2007

Second Circuit rejects taxpayer’s contention that should IRS fail its burden of proof, then the court must defer to estate’s valuation analysis.