Eleventh Circuit Affirms Tax Court’s Valuation of Trust’s Interest in LLC
Affirming FMV conclusion, appeals court says Tax Court did not err in focusing less on details of methodology parties’ appraisers used than on larger issue of whether hypothetical seller would be able to force distribution of majority of LLC’s assets.
Eleventh Circuit Affirms Tax Court’s Valuation of Trust’s Interest in LLC
Affirming FMV conclusion, appeals court says Tax Court did not err in focusing less on details of methodology parties’ appraisers used than on larger issue of whether hypothetical seller would be able to force distribution of majority of LLC’s assets.
Estate of Koons v. Commissioner (Koons II)
Affirming FMV conclusion, appeals court says Tax Court did not err in focusing less on details of methodology parties’ appraisers used than on larger issue of whether hypothetical seller would be able to force distribution of majority of LLC’s assets.
More contemporaneous source upheld over more specific source
In the context of an antidumping action involving goods from a nonmarket nation, valuation of overhead; selling, general and administrative expenses (SG&A); and profit may be based on more contemporaneous sources of market data for a comparable market ...
Hangzhou Spring Water Co., Ltd. v. United States
In the context of an antidumping action involving goods from a nonmarket nation, valuation of overhead; selling, general and administrative expenses (SG&A); and profit may be based on more contemporaneous sources of market data for a comparable market ...