Blockage and Absorption Discounts: Definition, History and Practice
Whether in the form of the holding of publicly traded securities or other asset classes (art, real estate, personal property), significant blocks of these assets may upset the balance in their respective markets, leading to an inability to transact all in a day or reasonable time period. Blockage discounts are discussed primarily for stock holdings, whereas an absorption discount is typically applied to real estate, art and personal property. Join experts Ed Pratesi and Dan Pannese as they cover the history and the IRS’s position on these adjustments as well as present criteria to consider in the determination of blockage or absorption discounts. Court cases are cited highlighting the decision making process, as well as case studies to make sure you have practical guidance for your next assignment.
IMPORTANT: Each Training Pack includes an MP4 video file, MP3 audio file, complete transcript, slide presentation in PDF format, and additional reading materials when available. Please note that Training Packs can take up to 4 weeks after the webinar to complete. Once available you will receive an email with a special link to download your Training Pack. If you are ordering a Training Pack after the 4 week window, the download link will be sent to you immediately via email. Please check your spam folder and add firstname.lastname@example.org to your "safe list" to ensure you receive your Training Pack.