The Allowable Discount for Potential Income Tax Liability on Corporate Stock at Death

dc.contributor.author Harl, Neil
dc.contributor.department Iowa State University Digital Repository
dc.date 2018-02-19T03:12:46.000
dc.date.accessioned 2020-06-29T22:55:00Z
dc.date.available 2020-06-29T22:55:00Z
dc.date.embargo 2017-11-15
dc.date.issued 2007-11-30
dc.description.abstract <p>Whatever doubt existed as to the amount of discount allowed on corporate stock at death for built-in capital gains tax liability was largely wiped out with a November, 2007, decision by the Eleventh Circuit Court of Appeals in <em>Estate of Jelke III v. Commissioner</em>.1 That case followed earlier Fifth Court of Appeals decisions in 2001 and 2002 which pioneered the idea that the date of death value of corporate stock was properly discounted, dollar-for-dollar, by the amount of built-in capital gain tax liability.2</p>
dc.identifier archive/lib.dr.iastate.edu/aglawdigest/vol18/iss23/1/
dc.identifier.articleid 1904
dc.identifier.contextkey 11056053
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol18/iss23/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/3334
dc.source.bitstream archive/lib.dr.iastate.edu/aglawdigest/vol18/iss23/1/AgLawDigest_v18n23_01.pdf|||Fri Jan 14 17:50:21 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Agriculture Law
dc.subject.disciplines Public Economics
dc.title The Allowable Discount for Potential Income Tax Liability on Corporate Stock at Death
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication d57dbf58-9c32-4e81-adce-435ccb40d8cc
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
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