Explore 5 court opinions on Economic Substance Doctrine. AI-powered plain English summaries, key holdings, and legal analysis.
5 recent cases analyzed in this topic area.
Taxpayer's "investment" in tax shelter deemed sham, losses disallowed
Safdieh v. Comm'r, decided by Second Circuit on February 27, 2026, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "investment" i...
Actor's Loan-Out Corporation Deemed Sham, Income Taxed to Actor
Buller v. Comm'r, decided by Second Circuit on November 26, 2025, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "loan-out" corp...
Actor's Loan-Out Corporation Deemed Sham Entity by Second Circuit
Buller v. Comm'r, decided by Second Circuit on November 26, 2025, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "loan-out" corp...
Actor's Loan-Out Corporation Deemed Sham Entity for Tax Purposes
Buller v. Comm'r, decided by Second Circuit on August 14, 2025, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "loan-out" corpor...
Fourth Circuit: Bank of America's 'all-in' NOL calculation upheld for tax purposes
Bank of America Corporation v. United States, decided by Fourth Circuit on July 29, 2025, resulted in a defendant win outcome. The Fourth Circuit affirmed the district court's decision, holding that B...