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Title: 'Tax Shelters or Efficient Tax Planning? A Theory of The Firm Perspective On the Economic Substance Doctrine'.

Detail Summary
Date 12 May 2014
Time 15:00 - 16:30


Courts have articulated a number of legal tests to distinguish corporate transactions that have a legitimate business or economic purpose from those carried out largely, if not solely, for favorable tax treatment. We outline an approach to analyzing the economic substance of corporate transactions based on the property rights theory of the firm, and describe its application in two recent tax cases.

Paper Hart, Borek, Fratarelli - Tax Shelters or Efficient Tax Planning?

Personal page Oliver Hart

Programme ACLE Spring Meeting 2014

Registration for this seminar


Tinbergen Institute Amsterdam - room 1.01

Contact information Tinbergen Institute - Room 1.01