Skip navigation
te0520 vanvleet value.jpg

Kress, Jones and Cecil

A trio of valuation guidance.

Since 1999, the Tax Court, Internal Revenue Service and the business valuation profession have been at odds regarding the proper means to value pass-through entities (PTEs) such as subchapter S corporations (S corps), limited liability companies and partnerships. In multiple Tax Court decisions dating back to 1999, the primary controversy has revolved around the question of whether PTEs should be valued on a C corporation (C corp) equivalent basis or some other basis that reflects the tax

All access premium subscription

Please Log in if you are currently a Trusts & Estates subscriber.


If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.


Questions about your account or how to access content?


Contact: [email protected]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish