In case of the sale of an annuity contract, the adjusted basis shall in no case be less than zero.
Aug. 16, 1954, ch. 736 68A Stat. 302 (, .)
Public Law 119-83 (04/13/2026)
26 U.S.C. § 1021
Sale of annuities
Public Law 119-83 (04/13/2026)
Sale of annuities
In case of the sale of an annuity contract, the adjusted basis shall in no case be less than zero.
Aug. 16, 1954, ch. 736 68A Stat. 302 (, .)