date:Sep 18, 2013
such holding companies is far less than that of the underlying shares even if the family can liquidate the stock whenever it wants.
The IRS used to challenge that concept, but it lost a series of Tax Court cases in the 1990s to taxpayers who contended that holding assets through such companies diminished their value. For instance, the taxpayers would point out that stakes in family holding companies themselves werent publicly traded and often didnt carry any voting rights.
Dividend yields
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