Tax Court Rejects QMDM and Use of Single Comparable
In this estate tax matter, the Tax Court addressed basic valuation issues dealing with minority interest and illiquidity discounts in the context of a limited partnership interest.
Weinberg v. Commissioner
At issue is the fair market value of a limited partnership interest over which the decedent had a general power of appointment on the date of her death.
Estate of Brocato v. Commissioner
At issue is whether respondent is equitably estopped from assessing additional estate tax, and if not, the proper amount of blockage and fractional interest discounts to be applied to petitioner’s nine real properties must be determined.
11% Blockage Discount Applied in Apartment Valuations
The taxpayer in this estate tax matter was granted a 20% fractional interest discount and an 11% blockage discount with apartment house properties, based on comparable sales and an analysis of market conditions and the economy.
Fractional Interest and Blockage Discount Considered
The Tax Court considered the size of discounts for blockage and fractional interests on nine rental properties.
In re Westpointe
At issue is the valuation of the bankruptcy estates.
In re Westpointe
In this Chapter 11 bankruptcy proceeding, the valuation method the Bankruptcy Court relied upon in valuing the "going concern" of the properties is in dispute.
Damages Equaling to the Fair Market Value of the Land Awarded Against Developer for Trespass
The Missouri Court of Appeals for the Eastern District affirmed the lower court's calculation of damages for misappropriation and trespass where the real property has been destroyed.
James Hostler v. Green Park Development Company, et al.
The Missouri Court of Appeals for the Eastern District affirmed the lower court's calculation of damages for misappropriation and trespass where the real property has been destroyed.
Estate of E.L. Auker v. Commissioner
Business Valuation and Taxes: Procedure, Law and Perspective ...
Tax Court Outlines Five-Point Test for Determining Market Absorption Discounts
The Tax Court handed down a five-point test for use when considering a market absorption discount (similar to a blockage discount).
Estate of Auker v. Commissioner
In this estate tax matter, the assets consisted of interests in several family-owned entities, the assets of which included real estate and interests in some of the family-owned entities that owned real estate.
Woodbury v. Commissioner
At issue is the date-of-death fair market value of shares of stock held by decedent in four closely held corporations.
Roggen v. Roggen
The issue in this case was the value of a condominium and whether it should have been included as marital property.