The Sound Business Purpose Doctrine and § 269 Have the Same

question 111

True/False

The sound business purpose doctrine and § 269 have the same purpose of disallowing restructurings that are primarily for tax avoidance motives.

---

Definitions:

Allele Frequencies

The relative proportions of different alleles of a particular gene in a given population.

Inheritance of Acquired Characteristics

An outdated scientific theory that proposed individuals can pass on traits acquired during their lifetime to their offspring.

Lamarck

Lamarck, Jean-Baptiste, was a French naturalist known for his early theory of evolution, proposing that organisms could pass on traits acquired in their lifetime to their offspring.