WACC Rejected as Value Measure

Business Valuation UpdateVol. 6 No. 11
Legal and Court Case Update
November 2000
5731 Radio, Television, and Consumer Electronics Stores
443142 Electronics Stores
estate and gift taxation

Renier v. Commissioner
T.C. Memo. 2000-298, 2000 Tax Ct. Memo LEXIS 350
September 25, 2000
Federal Court
United States Tax Court
Yale Kramer (for estate)<br>Allan Lannom (for estate)<br>Leonard Sliwoski (for IRS)


The issue in this estate tax matter is the fair market value of decedent James J. Renier's 88.4% interest in the Renier Co., a family-owned electronics retailer in Dubuque, Iowa.

See Also

Renier v. Commissioner

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