schell footnotes

Proposed Regs. Shed Light on Income Forecast Method footnotes

¹Rev. Rul. 60-358, 1960-2 CB 68.

²REG 103823-99 (5/31/02).

³For this purpose, closely held means ownership of 50% or more of the beneficial interest by five or fewer persons; see Prop. Regs. Sec. 1.167(n)-6(d)(3).