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Estate Contests Tax Valuation of St. Louis Grocery Store Shares

The estate of a key figure in the St. Louis grocery store chain Schnucks says the IRS overvalued shares of its business that were passed down and is asking a federal court to wipe out a nearly $18 million tax bill the agency says it owes.

The estate of a key figure in the St. Louis grocery store chain Schnucks says the IRS overvalued shares of its business that were passed down and is asking a federal court to wipe out a nearly $18 million tax bill the agency says it owes.
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Source: Bloomberg Tax News | Published: 2026-06-16T17:13:02Z

Credit: Bloomberg Tax News

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