The basis in the hands of an electing pass-through entity owner in the interest in the partnership or the stock or indebtedness in the S corporation is determined as if the election under section 39-22-343 had not been made.Amended by 2022 Ch. 164,§4, eff. 5/16/2022.Added by 2021 Ch. 300,§1, eff. 6/23/2021.L. 2021: Entire subpart added, (HB 21-1327), ch. 1803, p. 1803, § 1, effective June 23.
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