alleryStart learning →The US business purpose doctrine was established in which case?
AGregory v. Helvering
BRamsay v. IRC (UK)
CMarbury v. Madison
DDred Scott v. Sandford
Answer & Solution
Correct answer: A. Gregory v. Helvering
Gregory v. Helvering is the US Supreme Court decision that gave rise to the business purpose and economic substance tests.
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