Discount Studies

Valuations of private holding companies and family limited partnerships for gift and estate tax purposes often involve the application of a discount for lack of marketability, and in the case of minority interests, a discount for lack of control. Valuation discounts can have a significant impact on the value of a company and the associated tax liability. Therefore, any discounts must be thoroughly explained and reported to the IRS.

We combine intricate knowledge of valuation theory with extensive research and empirical data to provide discount studies for tax reporting purposes. We cautiously document the information and methodologies used to derive our discounts and provide robust support for our conclusions in a report designed to help withstand the highest level of IRS scrutiny.