Tax Court Outlines Five-Point Test for Determining Market Absorption Discounts

Business Valuation Update BVLaw
Legal and Court Case Update
May 19, 1998
6513 Operators of Apartment Buildings
531110 Lessors of Residential Buildings and Dwellings
estate and gift taxation

Estate of E.L. Auker v. Commissioner
1998 Tax Ct. Memo LEXIS 185
Federal Court
United States Tax Court


The Tax Court handed down a five-point test for use when considering a market absorption discount (similar to a blockage discount).

See Also

Estate of E.L. Auker v. Commissioner

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