Manipulation of Valuation of Bequeathed Stock Sinks Charitable Contribution Claim
Tax Court says executor of estate in series of post-death measures changed the value and size of decedent’s stock donation and may not claim date-of-death value of assets not actually transferred to family foundation; court affirms estate tax deficiency.
Estate of Dieringer v. Commissioner
Tax Court says executor of estate in series of post-death measures changed the value and size of decedent’s stock donation and may not claim date-of-death value of assets not actually transferred to family foundation; court affirms estate tax deficiency.
Wisconsin - Wis. Stat. § 180.1130
LEXSTAT Wis. Stat. sec. 180.1130 WISCONSIN STATUTES *** THIS DOCUMENT IS CURRENT THRU THE 1999-2000 LEGISLATION *** PARTNERSHIPS AND CORPORATIONS; TRANSPORTATION; UTILITIES; BANKS; SAVINGS ...
Estate of Schwan v. Commissioner
At issue is the valuation of the decedent's stock in a closely-held corporation for purposes of computing the gross estate and the allowable charitable deduction under Federal tax laws.
Redemption Agreement Did Not Affect Value of Decedent's Estate
The petitioners in this case, decedent's estate and a charitable foundation (the Martin M. Schwan Foundation), challenged the IRS' determination that the estate had a tax deficiency based on a bequest to the foundation and that the foundation was liable as a transferee.
1999 in review: What we learned in a busy year
My 30 th year in the business valuation profession ( see December 1999 BVU , p.1) was an active one in terms of development in the profession. Here are some of the highlights: l 1999 was o ...
Estate of Winkler v. Commissioner
Tax Court provides guidance on report writing to avoid “random walk approach” and finds respondent’s expert failed to detail thought processes underlying valuation conclusions in appraisal report.
Ahmanson Foundation v. United States
Issues include valuation of assets in the gross estate, propriety of a charitable deduction, and valuation of property giving rise to a charitable deduction if held allowable.