Discuss impediments to certain tax strategies


Problem: Your accountant suggests that you employ an income-shifting strategy. You do some research and discover several tax "doctrines" that are impediments to certain tax strategies. Which of the following could be a problem related to your accountant's suggestion? Group of answer choices:

A. Substance-over-form doctrine

B. Assignment of income doctrine

C. Business purpose doctrine

D. Step-transaction doctrine

E. None of the choices are correct.

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Taxation: Discuss impediments to certain tax strategies
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