 | James Jurinski, Gary A. Zwick - 2002 - 348 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts." Treas. Reg. §20.2031-1. When no recent, bona fide offers from unrelated parties exist,... | |
 | Bruce L. Richman - 2002 - 306 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell, and both having reasonable knowledge of relevant facts. Section 25.25 12-2(a) of the regulations provides that the value of stocks and bonds... | |
 | James R. Hitchner - 2003 - 1056 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell, and both having reasonable knowledge of relevant facts. Section 25.2512-2(a) of the regulations provides that the value of stocks and bonds... | |
 | James R. Hitchner, Michael J. Mard - 2003 - 256 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell, and both having reasonable knowledge of relevant facts. Q Fair market value on the date of the gift. Q The degree of control of the business... | |
 | Doug H. Moy - 2004 - 432 lapas
...price at which such property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.17 Five types of transfers are not subject to the gift tax: (1) transfers to political... | |
 | L. Rush Hunt, Lara Rae Hunt - 2004 - 242 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts."1 Valuation problems often are present in the administration of an estate, but such... | |
 | Kaye A. Thomas - 2005 - 290 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. This definition takes you a good part of the way toward understanding the concept.... | |
 | United States. Congress. Joint Committee on Taxation - 2005 - 450 lapas
...price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.878 If actual sales prices and bona fide bid and asked prices are lacking, the fair... | |
 | Robert L. Brown, Alan S. Gutterman - 2005 - 574 lapas
...value is generally determined based on the price a willing buyer would pay a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.9 The problem with this general approach is that the shares of a closely held business... | |
 | OECD - 2005 - 97 lapas
...The price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. 66. Final average The fund member's earnings that are used earnings to calculate the... | |
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The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. 
