Tax Court Weighs In on STARS Transaction

The Tax Court held that a bank was not entitled to the tax benefits generated by a STARS transaction because the transaction lacked economic substance.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/MYw_3k-w8iA/TaxTrends_April2013-story-01.aspx

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