Definitions from Wiktionary (economic substance)
▸ noun: (US, economics, law) A substantial purpose (aside from reduction of tax liability) and an economic effect (aside from the tax effect), which a transaction must have in order to qualify for any tax benefits.
▸ Words similar to economic substance
▸ Usage examples for economic substance
▸ Idioms related to economic substance
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▸ noun: (US, economics, law) A substantial purpose (aside from reduction of tax liability) and an economic effect (aside from the tax effect), which a transaction must have in order to qualify for any tax benefits.
Similar:
direct tax,
Tax exemption,
Itemized deduction,
Personal exemption,
tax law,
Tax deduction,
tax incentive,
income tax,
Tax evasion in the United States,
Reverse Morris Trust,
more...
▸ Words similar to economic substance
▸ Usage examples for economic substance
▸ Idioms related to economic substance
▸ Wikipedia articles (New!)
▸ Words that often appear near economic substance
▸ Rhymes of economic substance
▸ Invented words related to economic substance