December 12, 2010 | Alimony, Business Valuation, Court Decisions, Divorce, Family Law News, Legal Perspective, Marital Property, Tax Issues
In Balicki v. Balicki, 2010 Pa.Super.134 (2010), the Superior Court affirmed the trial court’s decision to discount the value of an insurance business, based on the hypothetical income taxes that would be incurred by its owner upon sale of the business. The trial court’s decision was itself a reversal of the master’s report, in which the master found that the tax discount was inappropriate because the owner would not likely […]