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Famous Tax Quotes - If Rube Goldberg Had Been a Tax Accountant

2013-11-15

The following is a quote from the U.S. District Court, D. Massachusetts, regarding a “Structured Trust Advantaged Repackaged Securities” (“STARS”) transaction:

[T]he transaction was surpassingly complex and unintuitive; the sort of thing that would have emerged if Rube Goldberg had been a tax accountant.

Santander Holdings USA, Inc. v. U.S., 2013-2 U.S.T.C. ¶50,564, (Oct. 17, 2013)

Tags: Other - Famous Tax Quotes