An Assessment of the Anti-Tax Avoidance Doctrines in the United States and the European Union

Journal
European Union; United States
Bulletin for International Taxation 2012 (Volume 66), No. 3
The codification of the economic substance doctrine in the United States has given rise to controversy there and in countries with investments in the United States. This article analyses the origin of this doctrine and the consequences of its codification. It also considers EU anti-tax avoidance legislation and court cases.