The New Regs on Alternative Date Valuation
4 Pages Posted: 27 Aug 2008
Date Written: August 24, 2008
Treasury recently announced proposed regulations under section 2032 explaining valuation rules for assets when the decedent elects to apply the alternate valuation date. The regulations first provide background information about the statute, including legislative history and case law interpretation, and then underline their departure from Kohler, a 2006 Tax Court memorandum decision.
Keywords: estate tax, alternate valuation date, section 2032, regulations, Kohler
JEL Classification: K19, K29, K34, K39
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