Statute · United States Code
26 U.S.C. § 9722 — Sham transactions
26 U.S.C. § 9722
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
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.
Citator
26 U.S.C. § 9722 — Sham transactions is in force in the current edition of the Code, and nothing recorded condemns it.
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.