§ 722. Basis of contributing partner’s interest
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/usc/title-26/section-722A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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 increased by the amount (if any) of gain recognized under section 721(b) to the contributing partner at such time.
(Aug. 16, 1954, ch. 736, 68A Stat. 245; Pub. L. 94–455, title XXI, § 2131(c), Oct. 4, 1976, 90 Stat. 1924; Pub. L. 98–369, div. A, title VII, § 722(f)(1), July 18, 1984, 98 Stat. 974.)
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- Aug. 16, 1954, ch. 736
- 68A Stat. 245
- Pub. L. 94–455, title XXI, § 2131(c)
- 90 Stat. 1924
- Pub. L. 98–369, div. A, title VII, § 722(f)(1)
- 98 Stat. 974
- Pub. L. 98–369
- Pub. L. 94–455
- Pub. L. 98–369, div. A, title VII, § 722(f)(2)
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§ 722
Basis of contributing partner’s interest
Stat.×5
U.S.C.×1
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 245
Pub. L.Pub. L. 94–455, title XXI, § 2131(c)
Stat.90 Stat. 1924
Pub. L.Pub. L. 98–369, div. A, title VII, § 722(f)(1)
Cites 11 · showing 7Cited by 6 across 2 sources