Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:151
Unadjusted basis; property acquired during affiliation
In the case of property acquired by a corporation, during a period of affiliation, from a corporation with which it was affiliated, the basis of such property after such period of affiliation, shall be determined in accordance with regulations prescribed by the collector, without regard to inter-company transactions in respect to which gain or loss was not recognized.
For the purpose of this Section, the term "period of affiliation" means the period during which such corporations were affiliated, determined in accordance with the law applicable thereto, but does not include any taxable year beginning on or after January 1, 1934.
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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- 47:147 · Repealed by Acts 1958, No. 443, §1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- 47:154 · Repealed by Acts 1958, No. 169, §1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