Texas Law Trumps Tax Court

Business Valuation Update BVLaw
Legal and Court Case Update
December 28, 1995

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. (187 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
4899 Communications Services, NEC
517919 All Other Telecommunications
estate and gift taxation
Estate of Gordon B. McLendon (McLendon I) v. Commissioner
77 AFTR2d Par. 96-398 (5th Cir. 1995)
US
Federal Court
5th Circuit
United States Court of Appeals
Jones

Summary

The U.S .Court of Appeals for the 5th Circuit concluded that the Tax Court erred when it valued interests in a partnership as partnership interests rather than assignee interests.

See Also

Estate of Gordon B. McLendon (McLendon I) v. Commissioner

Full Text of Court Cases
December 28, 1995

The U.S .Court of Appeals for the Fifth Circuit concluded that the Tax Court erred when it valued interests in a partnership as partnership interests rather than assignee interests. It determined that state law established the objective criteria for trea ...