Sentence examples for economic substance from inspiring English sources

"There was no economic substance," he said.

"There isn't even any political or economic substance, no plan for the country.

"Instead, we created the appearance of economic substance, rather than the reality".

One definition of an abusive tax shelter is a tax-motivated transaction that lacks economic substance.

He also repeated his call for Congress to enact the "doctrine of economic substance".

Japan's accounting rules contain loopholes that allow companies to hide the economic substance of their performance.

"I think that will have a chilling effect on transactions with no economic substance but profound financial reporting impact.

Some of the transactions carried out by these offshore subsidiaries appear to have little or no economic substance.

"Instead, as a matter of economic substance, it is not clear that anything was really being bought or sold".

Mr. Summers said such transactions "are devoid of economic substance" and serve no purpose except avoiding taxes.

So, aside from a few homilies about getting a grip on public debt, there was nothing of economic substance.