Code · STATUTE-COMPILATIONS · American Taxpayer Relief Act of 2012 · Sec. 325

Sec. 325. EXTENSION OF BASIS ADJUSTMENT TO STOCK OF S CORPORATIONS MAKING CHARITABLE CONTRIBUTIONS OF PROPERTY

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## SEC. 325 EXTENSION OF BASIS ADJUSTMENT TO STOCK OF S CORPORATIONS MAKING CHARITABLE CONTRIBUTIONS OF PROPERTY ###

(a)In General Paragraph

(2)of section 1367(a) is amended by striking “December 31, 2011” and inserting “December 31, 2013”. ###

(b)Effective Date The amendment made by this section shall apply to contributions made in taxable years beginning after December 31, 2011.