Louisiana Statutes
§ 47:210 — Basis of contributing partner's interest
Louisiana·Title 47 Revenue and Taxation
The basis of an interest in a partnership acquired by a contribution of property, including money, to the partnership shall be the amount of such money and the adjusted basis of such property to the contributing partner at the time of the contribution.
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Legislative History
Added by Acts 1958, No. 441, §2.
Nearby Sections
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