26 U.S.C. § 9722
§ 9722. Sham transactions
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1992 by the Public Law 102-486. Last changed October 24, 1992 by the Public Law 102-486.
Every change, newest first (1)
- October 24, 1992Public Law 102-486 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
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.