Section 731

A title ii 247 a 1 sept.
Section 731. 115 41 title i 102 a 1 june 23 2017 131 stat. B gain or loss recognized by partnership. 29 2016 130 stat.
A prior section 731 added pub. Subpart a scope 731 101 731 106 subpart b suitability determinations and actions 731 201 731 206 subpart c opm suitability action procedures 731 301 731 304 subpart d agency suitability action procedures 731 401 731 404 subpart e appeal to the merit systems protection board 731 501. 5 marketable securities for purposes of this subsection the term marketable securities has the meaning given such term by section 731 c of the internal revenue code of 1986 as added by this section effective date of 1992 amendment.
Section 731 a of the code provides that in the case of a distribution by a partnership to a partner 1 gain will not be recognized to such partner except to the extent that any money distributed exceeds the adjusted basis of such partner s interest in the partnership immediately before the distribution and 2 loss will not be recognized to such. Read the code on findlaw new york consolidated laws real property actions and proceedings law rpa 731 findlaw. Gain or loss recognized under section 731 a on a distribution is considered gain or loss from the sale or exchange of the partnership interest of the distributee partner that is capital gain or loss.
Internal revenue code section 731 extent of recognition of gain or loss on distribution a partners. 5 marketable securities for purposes of this subsection the term marketable securities has the meaning given such term by section 731 c of the internal revenue code of 1986 as added by this section. For purposes of this subsection the term marketable securities has the meaning given such term by section 731 c of the internal revenue code of 1986 as added by this section effective date of 1992 amendment.