Capital Gains Increasing Importance for Valuation Discounts: Jensen v. Commissioner
Posted by William Byrnes on August 25, 2010
A recent Tax Court case makes up for some of the ground lost by FLPs in recent cases reining in more aggressive valuation discounts. In Jensen v. Commissioner (T.C. Memo 2010-182), an estate holding an interest in a closely-held corporation that owned fairly significant real estate won its case against the IRS.
Today’s analysis by our Experts Robert Bloink and William Byrnes is located at AdvisorFX Journal Capital Gains Increasing Importance for Valuation Discounts: Jensen v. Commissioner
After reading the analysis, we invite your questions and comments about indexed annuities by posting them below, or by calling the Panel of Experts.