Journal Issue:
Agricultural Law Digest: Volume 12, Issue 16

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Cases, Regulations, and Statutes
( 2001-08-10) Achenbach, Robert ; Iowa State University Digital Repository
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Liens for the Family-Owned Business Deduction
( 2001-08-10) Harl, Neil ; Iowa State University Digital Repository

As has been reported since the 1997 enactment of the family-owned business deduction and the substantial revisions in 1998, many of the provisions in the statute were drawn from special use valuation including the provision on liens to secure the payment of any recapture tax. Unfortunately, the problem with liens under the family-owned business deduction (FOBD) is substantially more involved than the lien on land for purposes of special use valuation.

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