Tax Court Rejects Use of Single 'Similar' Comparable

Business Valuation UpdateVol. 8 No. 3
Legal and Court Case Update
March 2002

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (656 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
5182 Wine and Distilled Alcoholic Beverages
312130 Wineries
estate and gift taxation
s corporation
Heck v. Commissioner
T.C. Memo. 2002-34, 2002 Tax Ct. Memo LEXIS 38
February 5, 2002
US
Federal Court
United States Tax Court
Herbert T. Spiro (for IRS); Mukesh Bajaj (for estate)
Halpern

Summary

This issue in this estate tax matter was the fair market value of decedent's 630 shares (a 39.62% interest) in F. Korbel & Bros. Inc. on Feb. 15, 1995, her date of death.

See Also

Heck v. Commissioner

Full Text of Court Cases
February 5, 2002

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