La. Revenue and Taxation § 47:210
Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 1-3, 6-671
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.
La. Revenue and Taxation § 47:210