# Prop. Treas. Reg. § 1.721-1: Nonrecognition of gain or loss on contribution.

Proposed regulation, not in force. REG-109187-11, 79 FR 76928, published 2014-12-23 <https://www.federalregister.gov/documents/2014/12/23/2014-30103/nonrecognition-of-gain-or-loss-on-certain-dispositions-of-installment-obligations>. Interprets 26 U.S.C. § 721.

Par. 5. Section 1.721-1(a) is amended by adding new ninth and tenth sentences to read as follows:

(a) * * * For rules in determining a partner's gain or loss when an installment obligation of a partnership is contributed to the partnership, see section 453B and § 1.453B-1(c). The preceding sentence applies to satisfactions of installment obligations after the date these regulations are published as final regulations in the Federal Register .

* * * * *