The decades-long battle over discounting of values of assets for potential income tax liability reached a major milestone in August with a Tax Court decision1 accepting dollar-for-dollar discounting of assets based on potential income tax liability.2
Harl, Neil E.
"Big News on Discounting for Potential Income Tax Liability,"
Agricultural Law Digest: Vol. 21
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol21/iss18/1