ESTATE OF ANDERSON v. COMMISSIONER

Docket No. 7540-74,

36 T.C.M. 972 (1977)

T.C. Memo. 1977-237

Estate of Ernest R. Anderson, Deceased, Lawrence E. Anderson and Richard C. Anderson, Co-Administrators v. Commissioner.

United States Tax Court.

Filed July 26, 1977.


Attorney(s) appearing for the Case

Thomas P. Casey, 1560 Penobscot Bldg., Detroit, Mich., for the petitioner. Thomas R. Ascher, for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent determined a $38,502.71 deficiency in the Federal estate tax of the Estate of Ernest R. Anderson. The matter before us concerns the effect of a buy-sell agreement on the valuation of decedent's stock in a closely held corporation.

A memorandum opinion was filed in this case on September 9, 1976 (T.C. Memo. 1976-287). On October 12, 1976, petitioner...

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