Using the Black-Scholes Option Model in Tax Valuation
Posted: 7 Dec 2002 Last revised: 27 Dec 2013
Date Written: December 2, 2002
William A. Raabe, Gerald E. Whittenburg, and Martha Doran demonstrate that the use of the Black-Scholes valuation formula is rarely appropriate for use in tax litigation and recommend that other methodologies be used by the courts.
Keywords: valuation, tax valuation, black-sholes, tax litigation
JEL Classification: D46, E62, G12, H25, K34, K41
Suggested Citation: Suggested Citation