{"data":{"id":"us-la/rs-47-157","jurisdiction":"us-la","citation":"RS 47:157","heading":"Basis for depreciation","body":"The basis upon which exhaustion, wear and tear, and obsolescence are to be allowed in respect of any property shall be the adjusted basis provided in R.S. 47:139 for the purpose of determining the gain upon the sale or other disposition of such property.","path":["TITLE 47. REVENUE AND TAXATION"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=101271","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:02:19Z","sha256":"da48d14334b2fd7ca37ebae0be363aad5a1e7d6ca9f7653455ba1e9f0cf6d0c8","source_id":"us-la","stale":false,"prev":"us-la/rs-47-156","next":"us-la/rs-47-158"},"notice":"GroundRules: Original legal text. Not legal advice."}