Current through Pub. L. 119-100Open in workspace

§ 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.

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

Operative text only. Editorial notes, amendment history, and effective dates: official OLRC text of § 9722

Source: decipher.legal/usc/26/9722 · Internal Revenue Code, current through Pub. L. 119-100 (OLRC XML of 2026-04-17)