{"data":{"id":"us/26-cfr-1.195-2","jurisdiction":"us","citation":"26 CFR 1.195-2","heading":"-2 Technical termination of a partnership.","body":"(a) In general. If a partnership that has elected to amortize start-up expenditures under section 195(b) and § 1.195-1 terminates in a transaction (or a series of transactions) described in section 708(b)(1)(B) or § 1.708-1(b)(2), the termination shall not be treated as resulting in a disposition of the partnership's trade or business for purposes of section 195(b)(2). See § 1.708-1(b)(6) for rules concerning the treatment of these start-up expenditures by the new partnership.\n(b) Effective/applicability date. This section applies to a technical termination of a partnership under section 708(b)(1)(B) that occurs on or after December 9, 2013.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—INCOME TAX","PART 1—INCOME TAXES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"3c7f1bf32fe10c8e4f6f318f7a1b29a5ecd1fb4efe2eaa71d66c420cde147ae7","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.195-1","next":"us/26-cfr-1.197-0"},"notice":"GroundRules: Original legal text. Not legal advice."}