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Business Valuation News | October 2017

Tax Case Utilizes Formula to Appraise Donated Remainder Interest¬† Taxpayer Grossly Overstates Deduction and Penalties Apply In RERI Holdings I, LLC V. Commissioner, 2017 USTC LEXIS 33 (July 3, 2017) the US Tax Court determined a value of just below $3.5MM for a interest that held a real estate partnership interest.¬† The taxpayer originally asserted […]