Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 488 (January 27, 2024).

61 Pa. Code § 125.43. Recoveries of converted property.

§ 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.

Source

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



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