transitory phases
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 315 U.S. 179 - Helvering v. Alabama Asphaltic Limestone Co. · 1942Most cited · 436 citing opinions
step transaction
Transitory phases of an arrangement frequently are disregarded under these sections of the revenue acts where they add nothing of substance to the completed affair.
How often courts cite the case defining “transitory phases”
Court decisions citing the opinion that defined “transitory phases” — 436 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.