26 U.S.C. § 742Chapter 1
§742. Basis of transferee partner's interest
Primary source
Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§742. Basis of transferee partner's interest
The basis of an interest in a partnership acquired other than by contribution shall be determined under part II of subchapter O (sec. 1011 and following).
Last amended: December 31, 2024
Recent related rulemaking (Federal Register)
No recent rulemaking references this section title in the Federal Register.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.