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
October 30, 2020
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