Tax Court Adopts 60% Fractional Interest Discount

Business Valuation UpdateVol. 7 No. 12
Legal and Court Case Update
December 2001
0811 Timber Tracts
113110 Timber Tract Operations
estate and gift taxation

Estate of Baird v. Commissioner
T.C. Memo 2001-258, 2001 Tax Ct. Memo LEXIS 292
September 28, 2001
Federal Court
United States Tax Court
John A. Young (for estate)<br>Lewis C. Peters (for estate)<br>James Steele, III (for estate)


This estates of John and Sarah Baird were consolidated for this proceeding.

See Also

Estate of Baird v. Commissioner

Business Valuation and Taxes: Procedure, Law and Perspective ...