Court of Appeals Holds Commisioner to Published Revenue Rulings in Partnership and Annuity Transaction
Because the facts were not in dispute, the only question before the Court of Appeals was whether or not Gordon B. McLendon was sufficiently close to death on March 5, 1986, to require him to depart from the actuarial tables published by the Commissioner of Internal Revenue in valuing a remainder interest and related annuity.
Estate of McLendon v. Commissioner
Issue was whether McLendon was sufficiently close to death on March 5, 1986, to require him to depart from the actuarial tables in valuing a remainder interest and related annuity.
Court Utilizes DCF Valuation Method, Decries Failure to Consider Willing Seller
At date of death, decedent owned a 1% general partnership interest and a 23.9650903% limited partnership interest in LKB Associates, a limited partnership organized under the laws of the District of Columbia.
Lehmann v. Commissioner
At issue is whether petitioner correctly valued the partnership interests in LKB Associates for purposes of decedent's gross estate.
Case Reopened Based on an Arbitrary Valuation of Assets
This case was reopened based on an arbitrary valuation of assets. The valuation of a partnership interest was "simplistic, arbitrary and inappropriate" because the valuation ...
Orley v. Orley
At issue is the valuation of husband's partnership interest in Graystone Group.
Appellate court reduces $3.9 million marital assets by $1.7 million partnership interest overvaluation
Husband claims that the trial court erred in valuing his partnership interest in Clough, Harbour & Associates (CHA), a professional engineering firm.
Harbour v. Harbour
At issue is the valuation of husband's interest in an engineering firm.
Jensen v. Jensen
One issue in this case was the valuation of a retail clothing business.
Naddeo v. Naddeo
Issue is proper valuation date of partnership in law practice that was voluntarily dissolved after separation but prior to distribution.
Maake v. Maake
At issue is the valuation of husband's business, Maake Enterprises, a manufacturer of lowtemperature heating elements for truck mirrors.
Moore v. Commissioner
Issues are value of interests in a partnership transferred as gifts and whether petitioners are liable for additions to tax for valuation understatement under section 6660.
Moore v. Commissioner
At issue in this case was the size of the discount to be applied to the valuation of a family held cattle and farming partnership.