If the amount of stock in the gross estate represents a substantial holding in a company, then the value subject to the tax will be reduced by the:

Question

Quizplus · Accepted Answer

The blockage discount is used when the stock in the gross estate represents a substantial holding in a company, which may cause a temporary interruption in the marketability of the shares. This discount reduces the value subject to the tax. The other options listed are not applicable to this scenario.

If the Amount of Stock in the Gross Estate Represents