Dorothee Dary, et al. v. Lee Ann Gilbert, et al.
The California Court of Appeals, First District reversed a lower court’s grant of summary judgment. It found that an unprofitable saloon business transferred to the real property owner following an unlawful detainer settlement was transferred for less tha ...
Unprofitable Saloon Has Goodwill
The California Court of Appeals, 1st District, reversed a lower court’s grant of summary judgment.
Deja Vu-Lynnwood, Inc. v. U.S.
Adult Club Dancers/Tenants Are Independent Contractors ...
Adult Club Dancers/Tenants Are Independent Contractors
Adult Club Dancers/Tenants Are Independent Contractors ...
Payne v. Commissioner
Commissioner contends that the value of the stock, $500,000, Payne received and claimed on his tax returns were significantly undervalued.
Payne v. Commissioner
Business Valuation and Taxes: Procedure, Law and Perspective ...
Jeff A. Wiltzius, et al. v. CIR
The Tax Court valued a note received by the taxpayers in the distribution of their former business' assets. They had owned a topless bar. The court determined that the starting point for valuing the note was its face value, which it reduced by 25% for ris ...
Value of Promissory Note From Sale of Topless Bar Discounted 25%
The Tax Court valued a note the taxpayers received in the distribution of their former business's assets.
M.I.C. Ltd. v Commissioner
The Tax Court determined that none of the price paid for the city’s threatened condemnation of property operated as a multipurpose adult entertainment complex was attributable to goodwill or going-concern value. In so doing, the Tax Court made its own determination of the fair market value of the real estate.
Tax Court Determines That Gain on Sale of Property to the City Is All Related to the Property and Therefore Is Deferred Under IRC Sec. 1033
The Tax Court determined that none of the price paid for the city’s threatened condemnation of property operated as a multipurpose adult entertainment complex was attributable to goodwill or going-concern value. In so doing, the Tax Court made its own determination of the fair market value of the real estate.
Debra S. O'Neil v. Thomas E. O'Neil
The Montana Supreme Court revered and remanded the lower court's valuation of the amount remaining on the parties' land contract sale of their saloon. The lower court simply multiplied the number of remaining payments by the monthly payment amount. The c ...
Nicholson v. Nicholson
Appellate court upholds division of goodwill in a tavern.
Appellate Court Upholds Division of Goodwill in a Tavern
Appellate court upholds division of goodwill in a tavern.