Category Archives: Amortization of Good Will

Amortization of Good Will Under IRC Sec. 197

Posted on March 15, 2010 by David L. Silverman, J.D., LL.M. (Taxation)

Under new IRC Sec. 197, certain intangible property (defined as “IRC Sec. 197 intangibles”) are amortizable ratably over a 15-year period.  The new law represents a substantial change from the prior law, under which neither good will nor going-concern value, … Continue reading →

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