[Code of Federal Regulations]
[Title 26, Volume 13]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR]

[Page 559]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
Procedure and Administration--Table of Contents
 
Sec.  1.7701(l)-1  Conduit financing arrangements.

    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.

[T.D. 8611, 60 FR 41015, Aug. 11, 1995, as amended by T.D. 8735, 62 FR 
53502, Oct. 14, 1997]