### Question
How does the law define listed transaction?


### Answer
Under *26 U.S.C. § 6707A*, **listed transaction** is defined as:

> a reportable transaction which is the same as, or substantially similar to, a transaction specifically identified by the Secretary as a tax avoidance transaction for purposes of section 6011

#### Citation:
  - *26 U.S.C. § 6707A*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 68-ADDITIONS TO THE TAX, ADDITIONAL AMOUNTS, AND ASSESSABLE PENALTIES > Subchapter B-Assessable Penalties > PART I-GENERAL PROVISIONS**

