Irene Eisenberg 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.

• concluding value of corporate stock could be reduced, for gift tax purposes, by a corporation’s potential capital gains tax liabilities
• a hypothetical buyer would pay less for shares in a corporation because of the buyer’s “inability to eliminate the contingent tax liability”

Source: CourtListener parenthetical corpus (CC0).