Article
Cut Negative Tax Out of Step-Up in Basis
Abstract
In this article, Johnson argues that Congress should exclude double deductions and negative taxes from the step-up in basis under section 1014. This proposal is the first of three Shelf Projects designed to prune back the basis step-up under section 1014.
Full Citation
Calvin H Johnson, Cut Negative Tax Out of Step-Up in Basis, 156 Tax Notes 741 (August 7, 2017). View Online