Income Tax Fundamentals 2020
Income Tax Fundamentals 2020
38th Edition
ISBN: 9780357391129
Author: WHITTENBURG
Publisher: Cengage
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Chapter 8, Problem 11MCQ
To determine

Concept Introduction:

Intangibles: Intangibles include section 197 intangible those purchased by the taxpayer as a part of the acquisition of a business. Section 197 intangibles are amortized over a 15-year-old start from the month of acquisition.

To indicate: The amortization period section 197 intangible assets

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