If the transactions aren't arms length, he IRS and SEC can punch right through them and see that there was a large gift made from one side to the other, for pur

If the transactions aren't arms length, he IRS and SEC can punch right through them and see that there was a large gift made from one side to the other, for purposes of tax evasion. But for whatever reason, the courts don't give the same protections to private counterparties.