Definitions; treatment of certain resales

For purposes of this part, the term “sport fishing equipment” means— items of terminal tackle, including— the following items of fishing supplies and accessories— If— If— For purposes of this subsection, the term “related person” has the meaning given such term by section 465(b)(3)(C). Except to the extent provided in regulations, rules similar to the rules of this subsection shall also apply in cases (not described in paragraph (1)) in which intermediaries or other devices are used for purposes of reducing the amount of the tax imposed by section 4161(a).