Otay Shows Why We Need the Economic Substance Doctrine

Authors

• Walter D. Schwidetzky, University of Baltimore School of LawFollow

Document Type

Article

Journal Title

Tax Notes Federal

Volume

191

First Page

2279

Publication Date

6-29-2026

Abstract

In this article, Schwidetzky examines the Tax Court’s decision in Otay and argues that despite missteps, the court reached the right holding, and that a robust application of the economic substance doctrine is imperative for a fair tax system.

Recommended Citation

Schwidetzky, Walter D., "Otay Shows Why We Need the Economic Substance Doctrine" (2026). Articles. 53.
https://scholarworks.law.ubalt.edu/fac_articles/53