Tax shelter defined

For purposes of this subsection, the term “tax shelter” means—

(A)#

any enterprise (other than a C corporation) if at any time interests in such enterprise have been offered for sale in any offering required to be registered with any Federal or State agency having the authority to regulate the offering of securities for sale,

(B)#

any syndicate (within the meaning of section 1256(e)(3)(B)), and

(C)#

any tax shelter (as defined in section 6662(d)(2)(C)(ii)).

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Tax shelter defined

Official source

For purposes of this subsection, the term “tax shelter” means—

(A)#

any enterprise (other than a C corporation) if at any time interests in such enterprise have been offered for sale in any offering required to be registered with any Federal or State agency having the authority to regulate the offering of securities for sale,

(B)#

any syndicate (within the meaning of section 1256(e)(3)(B)), and

(C)#

any tax shelter (as defined in section 6662(d)(2)(C)(ii)).