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How to pronounce “economic substance”
Hear “economic substance” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for economic substance
- Learning goal
- Practice the English pronunciation of economic substance with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (US, economics, law) A substantial purpose (aside from reduction of tax liability) and an economic effect (aside from the tax effect), which a transaction must have in order to qualify for any tax benefits.
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A Deep Dive Into “economic substance”
Meaning
- [Noun]
- (US, economics, law) A substantial purpose (aside from reduction of tax liability) and an economic effect (aside from the tax effect), which a transaction must have in order to qualify for any tax benefits.
Practice Nearby Words
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Similar Sounds
economic system, economics department, unacceptance, self-acceptance, second cousin, skip distance, skin and bones, school system, skipping stones, skin eruption