RECOMMENDED!!Substance over form and tax planning

  

Substance over form and tax planning1. What does substance over form mean? How would this doctrine be applied in a tax controversy?2. For most businesses, does the time and money spent in tax
planning pass the cost vs. benefit test? In other words, how valuable is tax
planning? Can you think of an example of planning for a small business in the
formation stage? For an individual, why is estate tax planning so important?

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