Section 14 Valuation of Stock

• Library: Business Transitions 2009 Supp

See also Koblick v. Commissioner, T.C. Memo 2006-63 (2006), for support that, if the stock or other business interest to be valued constitutes a controlling interest in the business, a premium might be added to the value.

Estate of Baird v. Commissioner, 416 F.3d 442, 448 (5^th Cir. 2005), also supports the supposition that a discount for lack of marketability is also deducted when there is only a limited market for sale of the stock.

The courts and the Internal Revenue Service (IRS) have also agreed that...