An Analysis of the Factors Used by the Tax Court in Applying the Step Transaction Doctrine
Description:
The step transaction doctrine is one of the judicial doctrines used by the courts to interpret tax law. The doctrine requires that a series of transactions be treated as a single transaction if the transactions share a single, integrated purpose. Many authors believe there is a great deal of uncertainty as to when the doctrine will be applied.
Uncertainty and inconsistency in the application of tax law add to the complexity of the law. One of the most complex areas of tax law is Subchapter C of…
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Date:
August 1987
Creator:
Smith, Darlene A. (Darlene Adel)
Partner:
UNT Libraries