H.R. 1222 · 108th Congress

To permit a special amortization deduction for intangible assets acquired from eligible small businesses to take account of the actual economic useful life of such assets and to encourage growth in industries for which intangible assets are an important source of revenue.

Stage
In committee
Sponsor
Mark Foley
Introduced
2003-03-12
Latest action
2003-03-12 · Introduced in House

Subjects

Taxation
Law
Commerce
Small business
Income tax
Tax deductions
Depreciation and amortization
Partnerships
Estates (Law)
Intangible property