Rule 42.23.212 - BASIS FOR DISPOSITION OF PROPERTY(1) The basis for determining gain or loss from the sale or other disposition of property shall be the basis prescribed by the IRC and regulations in effect during the reporting period, except such provisions therein as are inconsistent with the express provisions of these regulations or 15-31-113, MCA.Mont. Admin. r. 42.23.212
Eff. 12/31/72; AMD, 2001 MAR p. 2046, Eff. 10/12/01; AMD, 2016 MAR p. 2198, Eff. 11/26/2016AUTH: 15-31-313, 15-31-501, MCA;IMP: 15-31-113, MCA