The taxpayers are shareholders in a company. This company is not listed on a stock exchange, so there is no official share price that could be used to value the company's shares. The tax authorities value the company using the practitioners' method, i.e., the sum of 1\/3 of the asset value and 2\/3 of the earnings value. Five years later, the company is liquidated. The taxpayers dispute the valuation method used by the tax authorities and request a judicial expert assessment.
Federal judges believe that the company's liquidation five years later has no influence on the market value of shares for wealth tax purposes for the tax periods in dispute.<\/p>\n\n\n\n
The ruling is in French. This is a Genevan case.<\/p>\n\n\n\n
TF, judgment 9C_299\/2025, of 8 August 2025<\/p>","protected":false},"excerpt":{"rendered":"
\ud83d\udc49 Les contribuables sont actionnaires d’une soci\u00e9t\u00e9. Cette soci\u00e9t\u00e9 n’est pas cot\u00e9e, de sorte qu’il n’existe pas de cours officiel qui pourrait \u00eatre utilis\u00e9 pour donner une valeur aux actions de la soci\u00e9t\u00e9. Le fisc valorise la soci\u00e9t\u00e9 selon la m\u00e9thode des praticiens, \u00e0 savoir la somme de 1\/3 de la valeur de substance et […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-276","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"\n