1. LawStack
  2. Title 26 - INTERNAL REVENUE CODE
  3. Subtitle A - Income Taxes
  4. Chapter 1 - NORMAL TAXES AND SURTAXES
  5. Subchapter O - Gain or Loss on Disposition of Property
  6. Part II - BASIS RULES OF GENERAL APPLICATION
  7. 26 USC § 1013
26 USC § 1013
Basis of property included in inventory
through Public Law 119-27, except Public Law 119-21
USC

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.
Previous
§ 1012 Basis of property—cost
Next
§ 1014 Basis of property acquired from a decedent

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC