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Home / News Stories / NOVA Law: Tax discount shortshrifted wife's cut of business (access required)

NOVA Law: Tax discount shortshrifted wife's cut of business (access required)

During an equitable distribution, a judge should not have discounted the value of the husband's dental practice by his potential tax liability if he sold the business, the Court of Appeals has ruled. Even though the husband would owe capital-gains taxes if he sold his practice, the hypothetical sale was "too speculative" to bear on ...

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