Summary
The Tax Court opinion in this case was abstracted in the March 1998 issue of Shannon Pratt's Business Valuation Update ®.
See Also
Estate of Trompeter v. Commissioner (II)
The Ninth Circuit reversed the Tax Court’s valuation of closely held, preferred stock. It affirmed the Tax Court’s finding that the stock would be redeemed pursuant to its terms. However, it found the Tax Court’s present value calculation was not adequate ...