Arkansas Administrative Code
Agency 006 - Department of Finance and Administration
Division 05 - Division of Revenues
Regulation 1997-4 - Comprehensive Individual Income Tax Regulations
Rule 26-51-411 - GAIN OR LOSS - SALES OF PROPERTY
Rule 5.26-51-411(a) - Basis of Property Acquired On or Before March 9, 1929

Universal Citation: AR Admin Rules 5.26-51-411(a)

Current through Register Vol. 49, No. 9, September, 2024

In computing the gain or loss from the sale of other disposition of property acquired by gift on or before March 9, 1929, the basis shall be the assessed valuation of the property.

Disclaimer: These regulations may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.