Value of tiered minority ownership interests causes Tax Court battles
Discounts for lack of marketability and adjustments for minority interests are tough enough, but when the when limited partnership structures get complicated, with multiple ownership “tiers,” these adjustments can take on a life of their own. On May 27, William Frazier (Howard Frazier Barker Elliot) and John Porter (Baker Botts) will address these valuation challenges in “Valuing Tiered Partnership Structures.” To find more information on this presentation, beginning at 10:00 am PT/1:00 pm ET, click here. Two CPE credits are available. Thanks also to John, who is co-chair along with Judge David Laro, Jim Hitchner, and Mel Abraham of the 2010 BVR/Georgetown School of Law Summit on Valuation, Tax and Estate Planning this fall.