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865 |
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865
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| Enacted as part of the Tax Reform Act of 1986, section 865 of the
Code provides a general sourcing rule for sales of personal property. Enacted as part of the Tax Reform Act of 1986, section 865 of the
Code provides a general sourcing rule for sales of personal property. 865 has provided for sourcing gains on the
disposition of personal property (including stock), but no guidance had
been provided for sourcing losses. |
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