Jelke Overruled: 11th Circuit Approves 100% Discount for Imbedded Capital Gains

Business Valuation UpdateVol. 14 No. 1
Legal and Court Case Update
January 2008
6282 Investment Advice
523920 Portfolio Management
estate and gift taxation

Estate of Jelke v. Commissioner (II)
2007 U.S. App. LEXIS 26477
November 15, 2007
US
Federal Court
11th Circuit
United States Court of Appeals
none
Hill

Summary

11th Circuit rejects Jelke and adopts dollar-for-dollar discount for contingent capital gains tax liability.

See Also

Estate of Jelke v. Commissioner (II)

Eleventh Circuit rejects Jelke and adopts dollar-for-dollar discount for contingent capital gains tax liability.