TREASURY WITHDRAWS PROPOSED REGULATIONS UNDER SECTION 2704

//TREASURY WITHDRAWS PROPOSED REGULATIONS UNDER SECTION 2704

TREASURY WITHDRAWS PROPOSED REGULATIONS UNDER SECTION 2704

TREASURY WITHDRAWS PROPOSED REGULATIONS UNDER SECTION 2704

On October 4, 2017 the US Treasury Department released a report on upcoming actions intended to reduce the burden of tax regulations. Among other things, Treasury plans to withdraw proposed regulations under Section 2704 that would have hurt family owned and operated businesses by limiting valuation discounts.

Marketability discounts are important considerations in the valuation of real estate held as interests in Qualified Personal Residence Trusts (QPRT), in ordinary tenancies in common, in limited partnerships, LLCs, and in other trusts.

Carroll & Carroll has years of experience in the valuation of all kinds of partial interests. Call us when we can help.

2017-10-10T12:33:14+00:00 October 10th, 2017|Uncategorized|0 Comments