{"data":{"id":"us/26-u.s.c.-742","jurisdiction":"us","citation":"26 U.S.C. § 742","heading":"Basis of transferee partner’s interest","body":"The basis of an interest in a partnership acquired other than by contribution shall be determined under part II of subchapter O (sec. 1011 and following).","path":["Title 26—INTERNAL REVENUE CODE","CHAPTER 1—NORMAL TAXES AND SURTAXES"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc26@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:25Z","sha256":"25b3bdcacdbfa96000f4029583054277ac0a203821d8aaff26d6c2e0215b28ea","source_id":"us","stale":false,"prev":"us/26-u.s.c.-741","next":"us/26-u.s.c.-743"},"notice":"GroundRules: Original legal text. Not legal advice."}