Question for tax lawyers: can you sell something to yourself? Or, is a true sale, by definition, a transaction between two distinct legal entities?
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It should be btw two different entities. You can still manage to sell it to yourself via a different entity is your go to person.
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Is this in the law though? The definition of a sale is explicitly spelled out and requires 2 distinct legal entities?
Yes “ transfer of title to a property from another party to another for a price”
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*one party
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Swiss tax authorities apply tax rules if you control both entities. You control your inner and your outer ego (I guess). So in this logic the answer is no. To question 3 I can only say: that’s one of the reasons why I will never Mary my wife ;)
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The economic substance doctrine can also come into play here. Its used by the IRS to determine if strategies to reduce tax liability are abusive
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