special use valuation

An executor’s option of valuating real property in an estate, esp. farmland, at its current use rather than for its highest potential value. [Cases: Internal Revenue 4183; Taxation 895. C.J.S. Internal Revenue § 519; Taxation §§ 1900–1909, 1918–1931, 1941–1944, 1948.]

---

词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。