2009 Edition – Volume 4

• New FLP Case: Taxpayer’s First Asset Transfer Merits Discount, But Not Second
• Tax Court’s Adjustment to Reasonable Compensation ‘Dizzying and Arbitrary’
• No Legitimate Business Purpose for FLP Precludes Analysis of Discounts
• In Dueling Daubert Motions, Both Experts’ Evidence Accepted
• The Most Credible Experts Admit the Weaknesses in Their Reports Up Front
• VMI Highlights

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