Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Jan 2008
S Corporation Model Comparisons
S Corporation Model Comparisons
CPA/ABV, CFA and
ASA, CFA
Page Range: 38 – 54
Since 2001, with the issuance of the Gross decision by the U.S. Tax Court, there has been considerable judicial confusion regarding the theoretically correct manner in which to value S corporations and interests in them.1 Gross has been followed by four additional S corporation cases from the Tax Court in which the same theoretical misunderstandings were perpetuated.2Abstract
Copyright: © 2008 American Society of Appraisers
Contributor Notes
Travis W. Harms, CPA/ABV, CFA, is Senior Vice President and Z. Christopher Mercer, ASA, CFA, is Founder and CEO of Mercer Capital, Memphis, Tennessee.