{
  "id": "EXCL_LIABILITY_ASSUMPTION_BASIS",
  "name": "Liability Assumption Basis Exclusion",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "profile",
  "eligibility": {
    "description": "Applies to liabilities excluded under section 357(c)(3) in exchanges involving sections 351, 354, 355, 356, or 361.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "available",
    "retroactive_note": "Automatic — computed on return",
    "forward_status": "available"
  },
  "description": "Excludes certain liabilities (those that would give rise to a deduction) from being treated as 'money received' for basis reduction purposes in corporate exchanges.",
  "irc_reference": "IRC §358(d)(2)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}