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Here is an article in the FL Bar Journall that addresses the very question you are asking. I suggest you read the cases cited in the footnotes. Basically, if your corporation has less than 10 shareholders there is not discounting for lack of marketibility or minority status. http://www.floridabar.org/divcom/jn/jnjournal01.nsf/0/e6c13ab725ca5ed6852573db006eaab6?opendocument
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I found this through google a long time ago. Was looking for more detailed answer regarding information or general strategies that would help me postion my case
If you have less than 10 shareholders then you do not have the discount. If you have more then you have the discount. What you need is a business appraisal expert. You cannot offer testimony on the value of the business yourself unless you can qualify as such an expert. A valuation is an opinion. Opinion evidence is permitted only if the matter is something not within the ordinary knowledge of the common man. In that case experts can offer opinion testimony. So your effort is to find an expert to testify as to value.