Two Discounts and a Related Party Transfer

Business Valuation Update BVLaw
Legal and Court Case Update
February 5, 1997
estate and gift taxation

Estate of Jewell E. Gray v. CIR
T.C. Memo. 1997-67
US
Federal Court
United States Tax Court
Colvin

Summary

The Tax Court determined that money by the decedent received, labeled as loans, was, in fact, dividends from her personal holding company.

See Also

Estate of Jewell E. Gray v. CIR

The Tax Court determined that money received by the decedent, labeled as loans, was, in fact, dividends from her personal holding company. In reaching this decision the court listed a twelve-question analysis. The court also determined that the business ...