 | United States. Congress. Joint Committee on Taxation - 2001 - 620 lapas
...Special-use valuation For estate tax purposes, the value of property generally is its fair market value, ie, 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 sell and both having reasonable... | |
 | Frank C. Evans, David M. Bishop - 2002 - 312 lapas
...market value is defined by Revenue Ruling 59-60 of the Internal Revenue Service as ". . . the amount at which the property would change hands between a...and a willing seller when the former is not under compulsion to buy and the latter is not under any compulsion to sell, both parties having reasonable... | |
 | James Jurinski, Gary A. Zwick - 2002 - 348 lapas
...Willing Buyer and the Willing Seller The regulations set out the basic premise for valuation: "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... | |
 | Bruce L. Richman - 2002 - 306 lapas
...decisions around the country. Revenue Ruling 59-60 provides a definition for fair market value which is: ". . . the price at which the property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or sell and both having knowledge... | |
 | Bruce R. Hopkins - 2002 - 352 lapas
...as to quid pro quo contributions.76 As a general rule, the fair market value of an item of property 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 sell and both having reasonable... | |
 | Kalman A. Barson - 2002 - 576 lapas
...the fair market value of , as at . For the purpose of our opinion, fair market value is defined at 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 sell and both having reasonable... | |
 | James R. Hitchner - 2003 - 1056 lapas
...the fair market value thereof at the date, and with the adjustments, prescribed in that section. 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... | |
 | Walter L. Lewis - 2003 - 180 lapas
...you had UP TO the amount of your winnings. Sweepstakes and Taxes: Paying the Piper, AKA Uncle Sam 95 FAIR MARKET VALUE is the price at which the property would change hands between the buyer and a seller, neither being required to buy or sell, and both having reasonable knowledge... | |
 | Vernon Hoven - 2003 - 358 lapas
...nondeductible personal loan to a deductible qualified-residence interest loan. What is fair market Value? It 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 sell. $100,000 Cap On home... | |
| |
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 sell and both having reasonable knowledge of relevant facts. 
