To amend the Internal Revenue Code of 1986 to clarify that customer based, market share, and any similar intangible items are amortizable.
Intangibles Amortization Clarification Act of 1991 - Amends the Internal Revenue Code to allow the amortization of customer based, market share and similar intangible items for purposes of the depreciation deduction.
Pocket Vetoed by President.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Committee Hearings Held.
Committee Hearings Held.
See H.R.11.
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