business purpose doctrine

business-purpose doctrine. Tax. The principle that a transaction must serve a bona fide business purpose (i.e., not just for tax avoidance) to qualify for beneficial tax treatment. [Cases: Internal Revenue 3071, 3315, 3396. C.J.S. Internal Revenue §§ 13–14, 151.]
专业法律词汇 词条贡献者
双语律师Simon,毕业于亚洲一流的高级翻译学院,擅长翻译涉及金属和矿业领域的法律文件。
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