United States · Bill · HR
H.R. 563 (102nd)
To amend the Internal Revenue Code of 1986 to clarify that amounts paid to acquire certain intangible items are treated as being paid for goodwill.
Introduced
18 January 1991
Last action
—
Status
See H.R.11.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to provide that amounts paid or incurred to acquire customer base, market share, or any similar intangible item shall be treated as paid or incurred for intangible property with an indeterminate useful life for purposes of determining the depreciation deduction.
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Timeline
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Votes
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Versions
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Documents
2 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN
Introduced in House
summary · EN · 18 January 1991
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/102nd-congress/house-bill/563
- Open data entity: https://api.congress.gov/v3/bill/102/hr/563