“Expert Q&A on the Codified Economic Substance Doctrine” (Practical Law: The Journal)

May 2010

In an article published in the May 2010 issue of Practical Law: The Journal, Mr. Korb discussed the new statutory rule that codifies the economic substance doctrine, which in effect denies the tax benefits of a transaction if it does not have a meaningful economic effect on a taxpayer. He also discussed how the new provision will be applied in practice.