Gross: FLP Sequence and its Consequence
3 Pages Posted: 2 Dec 2008
Date Written: December 2, 2008
The author analyzes the recent Gross case in which the taxpayer made gifts of stock to her children through an FLP.
Keywords: FLP, family limited partnership, gift tax, indirect gift, Gross, Holman, Jones, Shepherd, step transaction doctrine, economic risk
JEL Classification: H20, H29
Suggested Citation: Suggested Citation