Ohio Appeals Court Clarifies Provision on Tax Affecting at Divorce

Business Valuation UpdateVol. 22 No. 3
Legal and Court Case Update
March 2016
8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
marital dissolution/divorce
expert testimony, tax affecting, professional practice, noncompete agreement, equitable distribution, capital gains

Nieman v. Nieman
2015 Ohio App. LEXIS 5021
December 14, 2015
US
State Court
Ohio
Court of Appeals
Unknown (husband/plaintiff-appellee); Unknown (wife/defendant-appellant)
Shaw

Summary

Appeals court says consideration of tax consequences related to owner-spouse’s business is “too speculative” because owner has no plan to sell in near future; trial court improperly assumed current tax rates and business interests would remain constant.

See Also

Nieman v. Nieman

Appeals court says consideration of tax consequences related to owner-spouse’s business is “too speculative” because owner has no plan to sell in near future; trial court improperly assumed current tax rates and business interests would remain constant.