Shearman Logo

balance scale

Aug 18, 2016

Treasury Issues Proposed Regulations Limiting Valuation Discounts on Transfers of Family-Controlled Entities

Subscribe

Jump to...

 
The Treasury Department recently issued long-awaited proposed regulations regarding valuation discounts of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.  If finalized as currently drafted, the proposed regulations would severely limit the potential for taking valuation discounts on the transfer of an interest in a family controlled entity, which will significantly increase the transfer tax cost of transferring interests in such entities.  Therefore, we recommend that you consider planning with such entities now before the proposed regulations are finalized.

View full memo, Treasury Issues Proposed Regulations Limiting Valuation Discounts on Transfers of Family-Controlled Entities

Authors and Contributors

C. Jones Perry, Jr.

Partner

Private Client

+1 212 848 8854

+1 212 848 8854

New York

Sharon Trulock

Counsel

Private Client

+1 212 848 8640

+1 212 848 8640

New York

David Goldstein

Associate

Private Client

+1 212 848 4405

+1 212 848 4405

New York