The Tax Planning Doctrine

The economic substance doctrine requires any transaction to meet two different criteria in order to obtain tax benefits. Take a look through the wecopedia articles i've linked to in the show notes for these tax planning doctrines. Beaware that if they cut run ing contract o, i contradiction to these doctrines, it's likely that you're going to have a challenge. But beware of some of the more far out tax planting techniques that you mightd read.