Tag Archives: Valuation; Family Limited Partnerships

Ninth Circuit Reverses Tax Court in Family Limited Partnership Valuation Case-Giustina Est. v. Comr.


Executive Summary: In this federal estate tax case, the Ninth Circuit reversed the Tax Court’s decision substantially in favor of the IRS in a valuation case where the issue was the size of the discount for built-in capital gains and … Continue reading

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Tax Court Values Limited Partnership Interest


Executive Summary: In this federal estate tax case, the Tax Court, through Judge Morrison, determined the value of a 41.128% interest in Oregon limited partnership, which owned, as its principal asset, approximately 48,000 acres of timber land. The result was … Continue reading

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