La. Revenue and Taxation § 47:211

Current with changes from the 2024 Legislative Session

Section 47:211 - Basis of property contributed to partnership

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.

La. Revenue and Taxation § 47:211

Added by Acts 1958, No. 441, §2.

Added by Acts 1958, No. 441, §2.