The Tax Court holds that the step transaction doctrine applies to the transfer of interests in an LLC for gift tax purposes.
Read the opinion here:
Pierre v. Commissioner, T.C. Memo 2010-106 (2010)
Developments in Federal and State Tax Litigation
The Tax Court holds that the step transaction doctrine applies to the transfer of interests in an LLC for gift tax purposes.
Read the opinion here:
Pierre v. Commissioner, T.C. Memo 2010-106 (2010)