The law › Title 26, Internal Revenue Code › Chapter 1

26 U.S.C. 197: Amortization of goodwill and certain other intangibles

Created in 1993 by Public Law 103-66. Changed by 1 later law. 1 bill in this Congress would change it.

1 part of federal rules cite it as their authority, written by Internal Revenue Service, Department of the Treasury (1).

How it got hereLaws that created or changed it, newest first

2004American Jobs Creation Act of 2004

1993Pub. L. 103-66created it

26 U.S.C. 197Amortization of goodwill and certain other intangibles

(a)General rule

(b)No other depreciation or amortization deduction allowable

(c)Amortizable section 197 intangible

(d)Section 197 intangible

(e)Exceptionsadded to

(f)Special rules

(g)Regulations

This CongressBills that change it or would

H.R. 10357Digital Asset Tax Certainty Actintroduced

past change
enacted this Congress
proposed

This Congress

H.R. 10357 Digital Asset Tax Certainty Act · introduced · would change (e)

How it got here

2004

Pub. L. 108–357, §886(a), redesignated pars. (7) and (8) as (6) and (7), respectively, and struck out heading and text of former par. (6). Text read as follows: "A franchise to engage in professional football, basketball, baseball, or other professional sport, and any item ac… (American Jobs Creation Act of 2004) Law text · (e)
Pub. L. 108–357, §847(b)(3), added par. (10). (American Jobs Creation Act of 2004) Law text · (f)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.