Congress provides tax incentives to change taxpayer behavior. If a taxpayer changes their behavior to take advantage of the incentive, they have to do so carefully. The IRS and the courts can apply the economic substance doctrine to take away…
Congress provides tax incentives to change taxpayer behavior. If a taxpayer changes their behavior to take advantage of the incentive, they have to do so carefully. The IRS and the courts can apply the economic substance doctrine to take away…
Mitchell Tax Law network
This summary appears here as part of our network of regional tax practice sites. The full article — with citations, examples, and complete analysis — lives on the local site that originally published it.
Texas-based · Representation nationwide