26 U.S.C. § 1013 — Basis of property included in inventory

FEDERAL · 26 U.S.C. · Chapter 1

Basis of property included in inventory

Current through Pub. L. 119-102

Title 26 — Internal Revenue Code·Ch. 1 — NORMAL TAXES AND SURTAXES·Subch. O·Pt. II

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

26 U.S.C. § 1013 (Basis of property included in inventory) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

(Aug. 16, 1954, ch. 736, 68A Stat. 296.)