Legal Opinion
Estate of Clara K. Hoover, Deceased Yetta Hoover Bidegain, Personal Representative v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided November 1, 1995No. 94-9018PublishedCited by 6 opinions
1Opinion of the Court
PAUL KELLY, Jr., Circuit Judge.
Petitioner appeals from the tax court’s imposition of additional federal estate taxes on the estate of Clara K. Hoover, arising from an election to value the decedent’s minority interest in certain ranch property under I.R.C. § 2032A at its special use value rather than at fair market value. The estate contends that § 2032A allows it to apply a minority interest discount to arrive at the fair market value of the decedent’s interest in conjunction with reducing that value by *1045the statutory maximum of $750,000 for federal estate tax reporting purposes. We agree…
2Cases cited9 opinions
- The Sommers Drug Stores Co. Employee Profit Sharing Trust, Cross-Appellant v. Corrigan Enterprises, Inc. And Walter N. Corrigan, Cross-AppelleesCourt of Appeals for the Fifth Circuit · 1986
- Propstra v. United StatesCourt of Appeals for the Ninth Circuit · 1982
- National Collegiate Athletic Association v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1990
- Estate of Ray A. Ford, Deceased Jack F. Ford and Richard A. Ford, Personal Representatives v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1995
- Love Box Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1988
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Shaw v. Commissioner (In re Estate of Neumann)United States Tax Court · 1996
- 15 W. 17th St. LLC v. Comm'rUnited States Tax Court · 2016
- Van Alen v. Comm'rUnited States Tax Court · 2013
- Estate of Clara K. Hoover, Deceased Yetta Hoover Bidegain, Personal Representative v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1995
- Estate of Milada S. Neumann, Eric W. Shaw, Ancillary Administrator, C.T.A. v. CommissionerUnited States Tax Court · 1996
1 more not listed; retrieve them via the Exa API.