Taxpayer Offers No Expert Evidence; Court Reaches Unexplained Conclusion

Business Valuation UpdateVol. 2 No. 6
Legal and Court Case Update
June 1996
5191 Farm Supplies
424910 Farm Supplies Merchant Wholesalers
estate and gift taxation

Gloeckner v. Commissioner
T.C. Memo 1996-149
March 25, 1996
Federal Court
United States Tax Court
Henry Sherman (for respondent)


The issue is the value of a controlling interest in the stock of a wholesale horticultural company as of the decedent's estate's alternate valuation date, Jan. 21, 1991.

See Also

Gloeckner v. Commissioner

At issue is the value of shares of stock in a horticultural corporation that Gloeckner (decedent) owned on the date of his death.