- 44 -
specially value decedent’s pastureland that did not constitute
"qualified woodland" under the provisions of section 2032A(e)(7).
As a result, we hold that the three parcels of pastureland that
did not constitute "qualified woodland", located on the Lanford
A, Lanford B, and Patterson tracts, must be valued under the
provisions of section 2032A(e)(8). Consequently, the value of
the pastureland for purposes of section 2032A(e)(8) is $350 per
acre (less a 15-percent discount for pastureland in the Lanford A
and Lanford B tracts).
We have considered all other arguments advanced by the
parties, and to the extent they are not addressed herein, we find
them to be neither relevant nor persuasive.
To reflect the foregoing,
Decision will be entered
under Rule 155.
Page: Previous 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 NextLast modified: May 25, 2011