The basis of an interest in a partnership acquired by a contribution of property, including money, to the partnership shall be the amount of such money and the adjusted basis of such property to the contributing partner at the time of the contribution increased by the amount (if any) of gain recognized under subsection (b), (c), or (d) of § 30341 of this title to the contributing partner at such time. History —Jan. 31, 2011, No. 1, § 1072.02, retroactive to Jan. 1, 2011.
Puerto Rico Legal Code