In the taxpayer’s appeal from the tax court’s approval of the IRS Commissioner’s disallowance of a “qualified family-owned business interest” estate tax deduction to the taxpayer estate, the tax court’s order is affirmed where the “qualified family-owned business interest” deduction of 26 U.S.C. section 2057 is available for an estate’s qualifying equity or ownership interests but not for debt interests such as loans receivable.
Read Estate of Artall v. Comm’r. of Int’l. Rev., No. 09-60092
Appellate Information
Filed January 28, 2010
Judges
Opinion by Judge Smith
You Don’t Have To Solve This on Your Own – Get a Lawyer’s Help
Civil Rights
Block on Trump’s Asylum Ban Upheld by Supreme Court
Criminal
Judges Can Release Secret Grand Jury Records
Politicians Can’t Block Voters on Facebook, Court Rules
