prohibited reportable transaction
Defined in 1 place of the United States Code.
The term “prohibited reportable transaction” means any confidential transaction or any transaction with contractual protection (as defined under regulations prescribed by the Secretary) which is a reportable transaction (as defined in section 6707A(c)(1)).
Source
- 2006–present26 U.S.C. § 4965Internal Revenue Code · Excise tax on certain tax-exempt entities entering into prohibited tax shelter transactions · for purposes of this section