Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:150
Unadjusted basis; wash sales of stock
Official textlegis.la.gov
If the property consists of stock or securities the acquisition of which, or the contract or option to acquire which resulted in the nondeductibility (under R.S. 47:160 relating to wash sales) of the loss from the sale or other disposition of substantially identical stock or securities, then the basis shall be the basis of stock or securities so sold or disposed of, increased or decreased, as the case may be, by the difference, if any, between the prices at which the property was acquired and the price at which such substantially identical stock or securities were sold or otherwise disposed of.
Source: view the official text
In this chapter (37 sections)
- 47:131 · Determination of amount of, and recognition of, gain or loss
- 47:132 · Recognition of gain or loss; general rule
- 47:133 · Recognition of gain or loss; exchanges solely in kind
- 47:134 · Receipt of additional consideration
- 47:135 · Exclusion from income; property received in certain corporate…
- 47:136 · Recognition of gain or loss; involuntary conversions
- 47:137 · Recognition of gain or loss; certain liquidations; sales or…
- 47:138 · Definitions relating to corporate reorganizations
- 47:139 · Adjusted basis for determining gain or loss
- 47:140 · Unadjusted basis; in general
- 47:141 · Unadjusted basis; inventories
- 47:142 · Unadjusted basis; gifts after December 31, 1933
- 47:143 · Unadjusted basis; transfer in trust after December 31, 1933
- 47:144 · Unadjusted basis; gift or transfer in trust before January 1,…
- 47:145 · Unadjusted basis; property transmitted at death
- 47:146 · Unadjusted basis; tax free exchanges generally
- 47:147 · Repealed by Acts 1958, No. 443, §1
- 47:148 · Basis to corporations
- 47:149 · Unadjusted basis; involuntary conversions
- 47:150 · Unadjusted basis; wash sales of stock
- 47:151 · Unadjusted basis; property acquired during affiliation
- 47:152 · Basis of property received in liquidations
- 47:153 · Unadjusted basis; property converted from personal use
- 47:154 · Repealed by Acts 1958, No. 169, §1
- 47:155 · Unadjusted basis; property acquired before January 1, 1934
- 47:156 · Adjustments in basis for determining gain or loss
- 47:157 · Basis for depreciation
- 47:158 · Basis for depletion
- 47:159 · Distributions by corporations
- 47:160 · Loss from wash sales of stock or securities
- 47:161 · Income from sources partly within and partly without the State…
- 47:162 · Fiduciary returns
- 47:163 · Closing by collector of taxable year
- 47:164 · Information required and withholding of tax at source
- 47:165 · Information by corporations
- 47:166 · Returns of brokers
- 47:167 · Collection of foreign items