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IRS Rev. Rul. 59-60: Deals with the valuation of closely held businesses. Provides a list...

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Accounting

IRS Rev. Rul. 59-60:

Deals with the valuation of closely held businesses.

Provides a list of eight factors that should be considered in valuing a closely held business.

Is particularly useful for valuing closely held businesses in estate and gift tax situations.

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