17 NCAC 05F .0201. ECONOMIC SUBSTANCE TEST BURDEN OF PROOF

Latest version.

The taxpayer has the burden of proving that a transaction meets both prongs of the economic substance test as specified in G.S. 105-130.5A(g).

History Note: Authority G.S. 105-130.5A; 105-262.1;

Eff. January 31, 2013.

                    
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