At issue is the valuation reduction for capital gains tax liabilities of appellant's gifted shares of stock.

Tax Court considers determination of discounts for embedded capital gains taxes, lack of control, and lack of marketability for estate’s interests in two closely held companies, one owning primarily farm land and the other marketable securities.

The issues in this estate tax case were whether built-in capital gains tax liability should be discounted (indexed) to account for time value, and the appropriate discounts for lack of marketability and control.

Disputes over discounts, inclusion of assets, complicates valuation of closely-held stock in divorce.

The Maine Supreme Court affirmed the trial court’s determination that the entire amount of appreciation in a separate property minority interest in a firearms manufacturer should be characterized as marital property even though the owning spouse was remov...

The full Tax Court considered whether a corporate redemption of a former spouse's stock in the parties' business pursuant to a divorce qualified for nonrecognition treatment under IRC sec. 1041. The Tax Court specifically considered the legal standard to...

One issue in this case was the valuation of marital shares of stock in a closely held corporation.

At issue is the valuation of couples' stock in a motor company owned by husband's father.

The Tax Court concluded that individuals who transferred appreciated stock to a charitable organization should be liable for the gain on the stock. The court applied the anticipatory assignment of income doctrine to the charitable donation. In this case...

New York court decides which party has burden of proving valuation date for active/passive asset in dissolution case...