Substance Versus Form, Part II: The Step Transaction Doctrine

How Tax Works

How Tax Works
Substance Versus Form, Part II: The Step Transaction Doctrine
Mar 02, 2026 Season 1 Episode 47
Falcon Rappaport & Berkman LLP

In episode 47 of How Tax Works, Matt Foreman continues his discussion of substance versus form issues, focusing on the Step Transaction Doctrine, discussing the three tests and how they’re used and misused. 

How Tax Works, hosted by Falcon Rappaport & Berkman LLP Partner Matthew E. Foreman, Esq., LL.M., delves into the intricacies of taxation, breaking down complex concepts for a clearer understanding of how tax laws impact your financial decisions.

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