§ 723. Basis of property contributed to partnership
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/usc/title-26/section-723A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The basis of property contributed to a partnership by a partner shall be 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
- section 722(f)(2) of Pub. L. 98–369
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§ 723
Basis of property contributed to partnership
Stat.×1
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 2 across 2 sources