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2021 Louisiana Laws
Revised Statutes
Title 47 - Revenue and Taxation
§210. Basis of contributing partner's interest
Universal Citation: LA Rev Stat § 47:210 (2021)
RS 210 - Basis of contributing partner's interest
The basis of an interest in a partnership acquired by a contribution of property, including money, to the partnership shall be the amount of such money and the adjusted basis of such property to the contributing partner at the time of the contribution.
Added by Acts 1958, No. 441, §2.
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