H.R.3362 - Tax Fairness for Small Business Act of 2007

To amend the Internal Revenue Code of 1986 to allow 5-year amortization of goodwill and other section 197 intangibles that are acquired from a small business. view all titles (2)

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  • Short: Tax Fairness for Small Business Act of 2007 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to allow 5-year amortization of goodwill and other section 197 intangibles that are acquired from a small business. as introduced.

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Introduced
 
House
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Senate
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President
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08/02/07
 
 
 
 
 
 
 

Official Bill Text Comment on about 3 Pages

Official Summary

8/3/2007--Introduced.Tax Fairness for Small Business Act of 2007- Amends the Internal Revenue Code to allow an accelerated five-year amortization period for goodwill and other business intangibles acquired from certain small businesses (businesses whose average three-year gross receipts do
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Official Summary

8/3/2007--Introduced.
Tax Fairness for Small Business Act of 2007- Amends the Internal Revenue Code to allow an accelerated five-year amortization period for goodwill and other business intangibles acquired from certain small businesses (businesses whose average three-year gross receipts do not exceed $5 million) after December 31, 2006. Limits the amount eligible for such amortization to $5 million.


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08/01/07
HR 3362, To amend the Internal Revenue Code of 1986 to allow 5 ...

HR 3362 would amend the Internal Revenue Code of 1986 to allow 5-year amortization of goodwill and other section 197 intangibles that are acquired from a small business....

Source: WashingtonWatch.com - Welcome to WashingtonWatc...
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08/01/07
Bill Action: Introduced: HR 3362: To amend the Internal Revenue ...

Earl Pomeroy [D-ND] introduced HR 3362: To amend the Internal Revenue Code of 1986 to allow 5-year amortization of goodwill and other section 197 intangibles that are acquired from a small business. [This event matched these trackers: ...

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