Only a few valuation-related cases were decided in 2007, but their negative impact on taxpayers was enormous. For appraisers and advisors, only a few rules were adopted last year — but their whole world got harsh. Yet not all of the valuations news in 2007 is bad: The federal courts showed a healthy appreciation for the valuation of restricted, non-marketable stock and the built-in gains tax liability of an asset-holding C corporation.
ARTICLE ACCESS REQUIRED
Please Log in if you are currently a Trust&Estates subscriber, or select DAYPASS for our new 24 hour access (nominal fee required).
If you are interested in unlimited article access for one year, please select Annual Subscription below.
0 comments
Hide comments