Agostino & Associates' January tax newsletter contains two articles:
litigating valuation cases are rapidly evolving. Empirical evidence demonstrates that the forum
where valuation issues are most likely to be litigated, the United States Tax Court (“Tax
Court”), decided questions of value in approximately 35.1% of its reported opinions in 2014
and 20.4% of its reported opinions in 2013. These statistics are staggering when viewed in the light of the fact that valuation cases are disproportionately more likely to settle than non-valuation cases.