2009-09-04
Today's Famous Tax Quote is from a U.S. District Court case that came out last week:
Permitting a taxpayer to control the economic destiny of a transaction with labels would . . . exalt form over substance, thereby perverting the intention of the tax code.
Schering-Plough Corp. v. U.S., 651 F. Supp. 2d 219, 272 (D.N.J. 2009)
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