Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:210
Basis of contributing partner's interest
Official textlegis.la.gov
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.
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In this chapter (25 sections)
- 47:201 · Partnership informational return of income required;…
- 47:201.1 · Composite returns for nonresident partners or members
- 47:201.2 · Reporting adjustments to federal taxable income and federal…
- 47:202 · Income of partner
- 47:203 · Partnership computations
- 47:204 · Partner's distributive share
- 47:205 · Determination of basis of partner's interest
- 47:206 · Taxable years of partner and partnership
- 47:207 · Transactions between partner and partnership
- 47:208 · Continuation of partnership
- 47:209 · Nonrecognition of gain or loss on contribution
- 47:210 · Basis of contributing partner's interest
- 47:211 · Basis of property contributed to partnership
- 47:212 · Extent of recognition of gain or loss on distribution
- 47:213 · Basis of distributed property other than money
- 47:214 · Basis of distributee partner's interest
- 47:215 · Optional adjustment to basis of undistributed partnership…
- 47:216 · Payments to a retiring partner or a deceased partner's…
- 47:217 · Recognition and character of gain or loss on sale or exchange
- 47:218 · Basis of transferee partner's interest
- 47:219 · Optional adjustment to basis of partnership property
- 47:220 · Treatment of certain liabilities
- 47:220.1 · Manner of electing optional adjustment to basis of…
- 47:220.2 · Rules for allocation of basis
- 47:220.3 · Terms defined