Title
Statistical Reasoning in Family Limited Partnership Appraisals: New Tax Court Scrutiny
By
Jeffrey B. Wolpin
Description
46 PROBATE & PROPERTY MAY/JUNE 2004 In two recent cases, Lappo v. Commissioner, T.C. Memo 2003–258, and Peracchio v. Commissioner, T.C. Memo 2003–280, the Tax Court criticiize business appraisers for their inadequate statistical reasoning. In Lappo, the court noted: We are not persuaded that [the taxpayyer’ appraiser’s] guideline group is sufficiently large or made Statistical Reasoning in Family Limited Partnership Appraisals: New Tax Court Scrutiny By Jeffrey B. Wolpin Jeffrey B. Wolpin, CBA...

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