For purposes of this article, the term "tax avoidance transaction" means a plan or arrangement devised for the principal purpose of avoiding federal or state income tax or both. Tax avoidance transactions include, but are not limited to, "listed transactions" as defined in Treasury Regulations Section 1.6011-4(b)(2).
W. Va. Code § 11-10E-3
"Tax avoidance transaction" defined
Known as the Tax Shelter Voluntary Compliance Act
The act spans §§ 11-10E-1 to 11-10E-9 (10 sections).
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.