26 U.S.C. § 742 : Internal Revenue Code — Income Taxes — Normal Taxes And Surtaxes — Partners And Partnerships — Contributions, Distributions, And Transfers — Transfers Of Interests In A Partnership — Basis Of Transferee Partner’S Interest
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).