[Code of Federal Regulations]
[Title 26, Volume 11]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.1011-1]

[Page 27-28]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
GAIN OR LOSS ON DISPOSITION OF PROPERTY--Table of Contents
 
Sec. 1.1011-1  Adjusted basis.

    The adjusted basis for determining the gain or loss from the sale or 
other disposition of property is the cost or other basis prescribed in 
section 1012 or other applicable provisions of subtitle A of the code, 
adjusted to the extent

[[Page 28]]

provided in sections 1016, 1017, and 1018 or as otherwise specifically 
provided for under applicable provisions of internal revenue laws.