StacksVerified U.S. regulatory reference

26 U.S.C. § 741

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
In the case of a sale or exchange of an interest in a partnership, gain or loss shall be recognized to the transferor partner. Such gain or loss shall be considered as gain or loss from the sale or exchange of a capital asset, except as otherwise provided in section 751 (relating to unrealized receivables and inventory items).