Rev. Rul. 2024-14

Summary

Core Terms

Partnership, income tax, adjusted basis, transactions, inside, Subsidiaries, depreciable asset, distributed, stock, economic substance, Liquidation, partner, partnership property, cost saving, disparity, effects, partnership interest, basis adjustment, contributions, increases, allocated, property distribution, depreciable, indirectly, election, parties, undertaken, series of transactions, economic position, nondepreciable