A taxpayer paying his 10 year old daughter $50,000 a year for consulting likely violates which doctrine?

Name: A taxpayer paying his 10 year old daughter $50,000 a year for consulting likely violates which doctrine?
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Question

Quizplus · Accepted Answer

The substance-over-form doctrine is violated here as the arrangement lacks economic reality; a 10-year-old is unlikely to provide consulting services worth $50,000, indicating the form of the transaction does not reflect its true substance.

A Taxpayer Paying His 10 Year Old Daughter $50,000 a Year