Editing Fair market value (section)

=== United States ===
The fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. ''United States v. Cartwright'', 411 U. S. 546, 93 S. Ct. 1713, 1716-17, 36 L. Ed. 2d 528, 73-1 U.S. Tax Cas. ([[CCH (company)|CCH]]) ¶ 12,926 (1973) (quoting from U.S. Treasury regulations relating to Federal estate taxes, at 26 C.F.R. sec. 20.2031-1(b)).<ref>{{cite court|url=https://scholar.google.com/scholar_case?case=4964174066744569590&hl=en&as_sdt=6&as_vis=1&oi=scholarr#p551 |publisher=Google Scholar|litigants=United States v. Cartwright |vol=411  |reporter=U.S. |opinion=546 | date=1973|court=|quote=The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts.|pinpoint=551}}</ref>