How do you value remainder interest in LLC?

How do you value remainder interest in LLC?

When the taxpayer values a charitable contribution deduction of a remainder interest in a limited liability company at $33 million and the IRS values the same interest at about $4 million, there is the making of a controversy, especially when there is disagreement about the appropriate method for evaluation.  The Tax Court has recently had to grapple with determining the proper method for evaluating the interest.

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