Gregory V. Helvering - Substance Over Form

Substance Over Form

The doctrine of substance over form is essentially that, for Federal tax purposes, a taxpayer is bound by the economic substance of a transaction where the economic substance varies from its legal form.

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Famous quotes containing the words substance and/or form:

    Leave everything. Leave Dada. Leave your wife. Leave your mistress. Leave your hopes and fears. Leave your children in the woods. Leave the substance for the shadow. Leave your easy life, leave what you are given for the future. Set off on the roads.
    André Breton (1896–1966)

    You may go over the world and you will find that every form of religion which has breathed upon this earth has degraded women. There is not one which has not made her subject to man.
    Elizabeth Cady Stanton (1815–1902)