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Lets say I owned a business worth $100 million dollars and I have 25% stake in...

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Accounting

Lets say I owned a business worth $100 million dollars and Ihave 25% stake in the company. Lets say 100% of the what I own inthe company will be taxable and I am married and it will be filedjointly. Company's net income is $17.5 million.

If I was selling the company how much estate tax attributablewould I be facing filing jointly?

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4.1 Ratings (450 Votes)
When an individual die the tax obligations gets passed on in the name of beneficiary however a property can be transferred only if you have a substantial proof to claim A person holding substantial interest in a company and if the company was sold then if the    See Answer
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