Tax Erosion and the "Bootstrap Sale" of a Business. II

Geoffrey J. Lanning
1960 University of Pennsylvania law review  
No. 7 TAX EROSION AND THE "BOOTSTRAP SALE" OF A BUSINESS-II GEoFmmY J. LANimi t Part I of this Article contained an analysis of the doctrines of the "bootstrap" sale as they relate to the increasing erosion of our democatic system of progressive taxation. Part II will be devoted to a detailed consideration of the most recent and most complicated form of bootstrap transfer, the "loss bootstrap;" and to general conclusions regarding the process of tax erosion exemplified by bootstrap sales.
doi:10.2307/3310208 fatcat:h2tzcqblizhjzgbg7s4xloofkm