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.]

---

词条贡献者

双语律师Andrew，欧洲名校国际税法专业，擅长翻译各类与国际税法相关的法律文件。