The IRS’ Proposed Section 2704 Regulations: The Impact on and the Future of Estate and Gift Valuation
Training Event Transcripts
October 7, 2016
Curtis R. Kimball, CFA, ASA
Z. Christopher Mercer, ASA, CFA,
On Aug. 4, 2016, the IRS published in the Federal Register a set of proposed new regulations under Chapter 14, Section 2704 of the Internal Revenue Code. These proposed regulations would have a significant impact on the valuation of private-business entity interests for transfer tax (estate, gift, and generation-skipping) purposes. Join expert Curt Kimball and Chris Mercer for a dive into the valuation impacts and a discussion of what the IRS is attempting to do by promulgating these proposed regulations. In addition, there will be a discussion of the implications of the proposed changes to Section 2704 and how this affects long-accepted valuation standards and methods for determining fair market value of interests in family-owned private entities.