Display Taxonomy Description in Views Drupal 6
These are 2 snippets that apparently do the same thing, I can verify the first chunk works just fine in Dupal 6.25.
Be careful when using PHP code in views, we not responsible for crashy-crashy so make sure you backup :)
$view = views_get_current_view();
$term = taxonomy_get_term($view->args);
$current = taxonomy_get_term(arg(2));