Recent Webinar on Proposed Changes to Section 2704

On Monday, September 26, I presented a webinar in which we examined the recently Proposed Changes to Section 2704 of the Internal Revenue Service Code from business and valuation viewpoints.

The express goal of the Proposed Changes is to eliminate, or virtually so, valuation discounts in family partnerships (and operating companies, as well). The instruments of change are a loosened definition of control (to broaden the number of families having control), almost total family attribution of control for every transfer, and a hypothetical put right to the partners in family partnership to facilitate the elimination or reduction of valuation discounts in fair market value determinations.

A review from business and valuation perspectives finds that the Proposed Changes, if adopted as published, will affect, but not eliminate valuation discounts.

You can find a recording of this webinar below. Also available: download the slides from the webinar.

This webinar was based on a whitepaper I wrote, Valuation Implications of the Proposed Changes to Section 2704. Here is a short link to where you can download the paper.

Be well,


Session Archive

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