Thus, it appears that both courts and the IRS may seek to apply substance over form to transactions that it views as abusive.
Carl Levin: “Thus, it appears that both courts and the IRS may seek to apply substance over form to transactions that it views as…”
Editor's note · Context
Commenting on how tax authorities may interpret transactions.
Share
More from Carl Levin
I thank my colleague for yielding. The threshold question for any NAFTA replacement must be whether it will finally stop the outflow of American jobs and raise the standard of living for Mexican, Canadian, and, of course, American workers…
Woman, I rise in opposition to this amendment. The Acting Chair (Ms. Pingree). The gentleman is recognized for 5 minutes.
May I inquire how much time I have remaining. The Acting CHAIR. The gentleman from Michigan has 45 seconds remaining.
I am prepared to close, and I yield myself such time as I may consume. Mr. Chair, while people may have all kinds of opinions on the underlying issue, this amendment is simply about sunshine. It simply is about good government: Will our…





