Kingdom of Callaway - Fulton, Mo 65251 | ehoff - 11/30/2015 03:09
In estate tax returns where a minority interest is valued the irs hasn't even blinked at a 40% discount in a lot of cases.
We are going through this right now -
20% discount because the ownership is "closely held".
20% additional discount because the ownership in question is the minority position.
I think I read somewhere that they are changing the rules on this for 2016? |