In satisfying the more-than-35% test for qualification under § 6166,interests in more than one closely held business are aggregated when the decedent's gross estate includes 20% or more of the value of each such business.

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This statement is true. According to § 6166(a)(1)(A)(ii) of the Internal Revenue Code, interests in more than one closely held business are aggregated when the decedent's gross estate includes 20% or more of the value of each such business in order to satisfy the more-than-35% test for qualification under § 6166.

In Satisfying the More-Than-35% Test for Qualification Under § 6166,interests