Meeting the "50 Percent" Test for the FOBE

dc.contributor.author Harl, Neil
dc.contributor.department Iowa State University Digital Repository
dc.date 2018-02-18T18:26:45.000
dc.date.accessioned 2020-06-29T23:00:46Z
dc.date.available 2020-06-29T23:00:46Z
dc.date.embargo 2017-07-31
dc.date.issued 1997-10-31
dc.description.abstract <p>Without much doubt, the most complex, convoluted and confusing provision in the family-owned business exclusion (FOBE) is the pre-death requirement that the adjusted value of qualified family-owned business interests (plus pre-death gifts of family-owned business interests within the family) must exceed 50 percent of the decedent’s adjusted gross estate (with various modifications). The calculation involves a fraction with both the numerator and the denominator posing formidable problems of interpretation.</p>
dc.identifier archive/lib.dr.iastate.edu/aglawdigest/vol8/iss21/1/
dc.identifier.articleid 1410
dc.identifier.contextkey 10520112
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath aglawdigest/vol8/iss21/1
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/4172
dc.source.bitstream archive/lib.dr.iastate.edu/aglawdigest/vol8/iss21/1/AgLawDigest_v08n21_01.pdf|||Fri Jan 14 17:45:42 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 Meeting the "50 Percent" Test for the FOBE
dc.type article
dc.type.genre article
dspace.entity.type Publication
relation.isJournalIssueOfPublication 05d7af3c-ef8f-481f-8b1d-c96574f57028
relation.isOrgUnitOfPublication d2bcee6c-7cba-4fa7-bd11-543354ce7b1b
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