amortize

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amortize

formerly, in the law of property, to transfer lands in MORTMAIN.
References in periodicals archive ?
Tax-exempt bonds are barred a deduction for amortizable bond premiums under IRC section 171(a)(2).
How is the amount of amortizable bond premium determined?
But, he cautioned, if you owned the vineyard in 1993 (before Section 197), and it was in a previously established AVA, the ruling would not apply, and your AVA-allocated value would not be amortizable.
In order to achieve consistent treatment of the acquirer's transaction costs for taxable stock or asset acquisitions, a new amortizable asset should be established for transaction costs that are not otherwise deductible under the employee compensation, overhead, and de minimis conventions of Treas.
Accordingly, Section 197(g) authorizes the Treasury to issue new regulations for Section 1060 to reflect the fact that goodwill and going concer value are now amortizable.
For example, implementation of an enterprise resource planning (ERP) system could consist of acquired software (36-month amortizable life under Rev.
A properly structured "lease inducement" is amortizable over the lease term.
197-2(g)(8) states: "An amortizable section 197 intangible is treated as property of a character subject to the allowance for depreciation under section 167.
The taxpayer was denied a deduction on the grounds that goodwill is not amortizable.
The decrease was primarily due to assets becoming fully depreciated and as a result of the lower amortizable base of SRO amortizable assets resulting from the impairment charges recorded in the fourth quarter of 2010.
Included in this structure was a TRA that would pay the legacy partners 85% of tax savings generated from a taxable unit disposition that created an amortizable basis adjustment benefiting the corporate subsidiary.
In each reporting period after the initial establishment of the useful life of an amortizable asset, an entity must evaluate the remaining useful life to determine whether events and circumstances warrant a revision to the remaining period of amortization.