Current through Pub. L. 119-100Open in workspace

§ 1013 Basis of property included in inventory

If the property should have been included in the last inventory, the basis shall be the last inventory value thereof.

(Aug. 16, 1954, ch. 736, 68A Stat. 296.)

Operative text only. Editorial notes, amendment history, and effective dates: official OLRC text of § 1013

Source: decipher.legal/usc/26/1013 · Internal Revenue Code, current through Pub. L. 119-100 (OLRC XML of 2026-04-17)