# Recognition of Gain or Loss by Contributing Partner on Distribution of Contributed Property or Other Property
> **IRS** · Final regulations. · Published 1995-12-26 · Effective 1995-01-09 · 60 FR 66727
## Document
- **Document number:** 95-30870
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 60 FR 66727
- **CFR reference:** 26 CFR 1
- **Publication date:** 1995-12-26
- **Effective date:** 1995-01-09
- **Treasury docket:** T.D. 8642
## Abstract

This document contains final regulations relating to the recognition of gain or loss on certain distributions of contributed property by a partnership under section 704(c)(1)(B) of the Internal Revenue Code of 1986 (Code). This document also contains final regulations relating to the recognition of gain on certain distributions to a contributing partner under section 737. The final regulations affect partnerships and their partners and are necessary to provide guidance for complying with the applicable tax law.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1995/12/26/95-30870/recognition-of-gain-or-loss-by-contributing-partner-on-distribution-of-contributed-property-or-other)
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