61 Pa. Code § 125.43 — Recoveries of converted property

No gain is realized on the recovery of involuntarily converted property unless the taxpayer has previously claimed a business or nonbusiness loss on its conversion. Source The provisions of this § 125.43 adopted April 16, 1999, effective April 17, 1999, 29 Pa.B. 2037. No part of the information on this site may be reproduced for profit or sold for profit. This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.