Louisiana Statutes

§ 47:143 — Unadjusted basis; transfer in trust after December 31, 1933

Louisiana § 47:143
JurisdictionLouisiana
Title 47Revenue and Taxation

This text of Louisiana § 47:143 (Unadjusted basis; transfer in trust after December 31, 1933) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
La. Stat. Ann. § 47:143 (2026).

Text

If the property be acquired after December 31, 1933, by a transfer in trust (other than by a transfer in trust by a bequest or devise) the basis shall be the same as it would be in the hands of the grantor, increased in the amount of gain or decreased in the amount of loss recognized to the grantor upon such transfer under the law applicable to the year in which the transfer was made.

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Bluebook (online)
Louisiana § 47:143, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/47%3A143.