61 Pa. Code § 125.43

Current through Register Vol. 55, No. 1, January 4, 2025

Section 125.43 - Recoveries of converted property

No gain is realized on the recovery of involuntarily converted property unless the taxpayer has previously claimed a business or nonbusiness loss on its conversion.

61 Pa. Code § 125.43

The provisions of this § 125.43 adopted April 16, 1999, effective 4/17/1999, 29 Pa.B. 2037.