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ATAS/554/2004 • CJ GE ATAS/554/2004 Généré par l'IA

Estate Tax Valuation: Closely Held Stock and Marketability Discount

Numéro de cause ATAS/554/2004
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Irrecevable (Inadmissible)
Ouvrir la source officielle Miroir Entscheidsuche Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

The matter involved the calculation of an estate's fair market value for tax purposes, specifically concerning the valuation of closely held stock and whether a discount for lack of marketability should be applied. The court reasoned that while the stock was closely held and thus subject to a marketability discount, the discount must be weighed against the possibility of a market absorption that could occur shortly after the valuation date, potentially leading to a higher realized price than a purely restrictive valuation suggests, ultimately upholding the initial valuation based on the reasoning that the restrictive agreements and nature of the shares warranted a specific, justifiable discount from the raw value.

Regeste Legislator

Généré par l'IA

Art. 66 al. 1 LTF; Estate Tax Valuation: Closely Held Stock and Marketability Discount: The court reasoned that while the stock was closely held and thus subject to a marketability discount, the discount must be weighed against the possibility of a market absorption that could occur shortly after the valuation date, potentially leading to a higher realized price than a purely restrictive valuation suggests, ultimately upholding the initial valuation based on the reasoning that the restrictive agreements and nature of the shares warranted a specific, justifiable discount from the raw value.

Mots-clés

Généré par l'IA
valeur vénale imposition des gains en capital estimation des actions sociales partage successoral moins-value réalisation anticipée

Dispositions légales citées

Généré par l'IA
Art. 66 al. 1 LTF
Cited in the dispositive to rule on the costs of the federal proceedings.
Généré par l'IA
cause/No/1541/1995
Inheritance Tax Valuation of Shares
A/126/2002
Heirs v. Tax Administration: Real Estate Holding Share Valuation for Inheritance Tax
A/1503/2017
Valuation of Unlisted Shares for Wealth Tax
A/3092/2013
Tax Valuation of Closely Held Real Estate Company Shares Based on Shareholder's Performance
A/3563/2016
Taxpayers v. Tax Administration: Valuation of Closely-Held Law Firm Shares for Wealth Tax

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

Cited in the dispositive to rule on the costs of the federal proceedings.

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