26 C.F.R. § 1.7701(l)-1
Current through May 31, 2024
Section 7701(l) authorizes the issuance of regulations that recharacterize any multiple-party financing transaction as a transaction directly among any two or more of such parties where the Secretary determines that such recharacterization is appropriate to prevent avoidance of any tax imposed by title 26 of the United States Code.
26 C.F.R. §1.7701(l)-1