Estate of J. E. O'connell, James O'COnnell v. Commissioner of Internal Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that “the Tax Court did not commit reversible error” in choosing a valuation “within the range supported by the evidence”
• “[E]xpected future earnings * * * are the true indicators of present worth[.]” (citing Rev. Rul. 59-60, 1959-1 C.B. 237)
• the Tax Court has \broad discretion in determining what method of valuation most fairly represents the fair market value of the stock in issue in light of the facts presented at trial\
• trial court has \broad discretion in determining what method of valuation most fairly represents the fair market value * * * in view of the facts presented at trial\

Source: CourtListener parenthetical corpus (CC0).