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Case Summary
Estate of Kollsman v. Commissioner
Estate of Kollsman v. Comm’r, T.C. Court Memo 2017-40 (2017), aff’d, No. 18-70565 (9th Cir. June 21, 2019).
Précis
In this federal estate tax case, the US Tax Court and the US Court of Appeals for the Ninth Circuit underscored the importance of methodology, reliance on comparables, and research about the condition of a painting to determine its valuation. In question were the dramatically contrasting valuations of …
Associated Legal Decision(s)
Associated Statutes and/or Legislation
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