26 U.S.C. § 9722

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 9722 - Sham transactions

If a principal purpose of any transaction is to evade or avoid liability under this chapter, this chapter shall be applied (and such liability shall be imposed) without regard to such transaction.

26 U.S.C. § 9722

Added Pub. L. 102-486, title XIX, §19143(a), Oct. 24, 1992, 106 Stat. 3056.

transaction

The term "transaction" includes a series of transactions.