Post-Valuation-Date Sale Used to Support Discounted Cash Flow Method

Business Valuation Update BVLaw
Legal and Court Case Update
November 10, 1993
6719 Offices of Holding Companies, NEC
551112 Offices of Other Holding Companies
estate and gift taxation
estate tax

Estate of Jung v. Commissioner
101 T.C. 412, 101 T.C. No. 28
Federal Court
United States Tax Court


The Tax Court valued a medical textiles manufacturing company using the discounted cash flow method.

See Also

Estate of Jung v. Commissioner

Issues are the fair market value of decedent's 168,600 shares of Jung Corp. stock and whether petitioner is liable for an addition to tax under section 6660.