Title 26 — Internal Revenue CodeRelease 119-73
§1013 Basis of property included in inventory
Title 26 › Subtitle Subtitle A— - Income Taxes › Chapter CHAPTER 1— - NORMAL TAXES AND SURTAXES › Subchapter Subchapter O— - Gain or Loss on Disposition of Property › Part PART II— - BASIS RULES OF GENERAL APPLICATION › § 1013
Full Legal Text
Title 26, §1013
Internal Revenue Code — Source: USLM XML via OLRC
If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.
Reference
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Citation
26 U.S.C. § 1013
Title 26 — Internal Revenue Code
Last Updated
Apr 6, 2026
Release point: 119-73