[§1246. Repealed. [Pub. L. 108–357, title IV, § 413(a)(2)](/us/pl/108/357/tIV/s413/a/2), (3), Oct. 22, 2004, [118 Stat. 1506](/us/stat/118/1506) — repealed] — Inbound Citations

Citations to 26 U.S.C. § 1246 as a whole

• 26 U.S.C. § 1291(e)

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  (e) Except to the extent inconsistent with the regulations prescribed under subsection (f), rules similar to the rules of subsections (c), (d), and (e) of section 1246 (as in effect on the day before the date of the enactment of the American Jobs Creation Act of 2004) shall apply for purposes of this section; except that—

  (1) the reduction under subsection (e) of such section shall be the excess of the basis determined under section 1014 over the adjusted basis of the stock immediately before the decedent’s death, and

  (2) such a reduction shall not apply in the case of a decedent who was a nonresident alien at all times during his holding period in the stock.