Tax Consequences of Sale Turn on Specific State Law and Facts of the Case

Business Valuation UpdateVol. 17 No. 4
Legal and Court Case Update
April 2011
0191 General Farms, Primarily Crop, 4971 Irrigation Systems
111199 All Other Grain Farming , 221310 Water Supply and Irrigation Systems
marital dissolution/divorce
discount for lack of marketability (DLOM), minority discount

Shuck v. Shuck
2010 WL 206845 (Neb. App.)
January 25, 2011
US
State Court
Nebraska
Court of Appeals
Sievers

Summary

Nebraska appellate court precludes discounts for embedded capital gains tax under the asset approach, confirms tax “adjustments” to the cash flows of a business under the income approach, and affirms that applications of minority and marketability discoun ...

See Also

Shuck v. Shuck

Nebraska appellate court precludes discounts for embedded capital gains tax under the asset approach, confirms tax “adjustments” to the cash flows of a business under the income approach, and affirms that applications of minority and marketability discoun ...