26 C.F.R. § 1.1013-1. - § 1.1013-1 Property Included in Inventory.

Current as of January 1, 1970

Section 1.1013-1 - § 1.1013-1 Property Included in Inventory.Section 1.1013-1 - § 1.1013-1 Property Included in Inventory.

Section 1.1012-2 - § 1.1012-2 Transfers in Part a Sale and in Part a Gift.Section 1.1014-0 - § 1.1014-0 Table of Contents.

§ 1.1013-1 Property included in inventory.

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 471 and following), part II, subchapter E, chapter 1 of the Code, and the regulations thereunder.

Disclaimer. This may not be the most current version of this information. Users should consult official sources to verify information on this site is recent and current. Marble does not warrant or represent the accuracy, completeness or reliability of the information contained on this site.