Implements § 1013Open in workspace
Reg. § 1.1013-1 Property included in inventory.
26 CFR § 1.1013-1eCFR, current through 2026-07-14
The basis of property required to be included in inventory is the last inventory value of such property in the hands of the taxpayer. The requirements with respect to the valuation of an inventory are stated in subpart D (section and following), part II, subchapter E, chapter 1 of the Code, and the regulations thereunder.