carryover basis

The basis of property transferred by gift or in trust, equaling the transferor’s basis.

— Also termed substituted basis. [Cases: Internal Revenue 3201.]

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词条贡献者

法律翻译Jane，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与私募及对冲基金设立有关的法律文件。