New Tax Amortization Rules: Good News for Goodwill - Some Bad NewsMartin H Zero
Synonyms for amortization nounthe reduction of the value of an asset by prorating its cost over a period of years Synonyms amortisation Related Words reduction step-down diminution decrease nounpayment of an obligation in a series of installments or transfers ...
The term is used for two separate processes: amortization of loans and amortization of assets. The amortization of assets refers to allocating the cost of an intangible asset over its useful life for accounting and tax purposes. Amortization refers to the paying off of debt over time in regular...
Could lead to enforcement of loan agreement by lender.(根据付款计划或分期偿还日程表,没有及时支付的金额。可能会导致贷方强制执行贷款协议。) This means forever viewing purchased Goodwill at its full cost, before any amortization.(这意味着永远视所购买的商誉为在任何摊销之前的全部成本。) The next ...
for tax purposes to reduce the yearly income generated by the assets by their decreasing values so that the tax imposed upon the earnings of assets is less. Amortization differs from depletion, which is a reduction in the book value of a natural resource, such as a mineral, resulting from ...
As with depreciation, a similar concept for tangible assets, amortization helps reduce the amount of taxable income the company produces. A few things that can be amortized include goodwill, patents, copyrights, trademarks, and branding. Basically, intangible assets that can be amortized include any...
amortization(ămˌərtəzāˈshən, əmôrˈ–), reduction, liquidation, or satisfaction of a debt. The termamortizationmay also refer to the sum used for that purpose. The term is commonly used in ascertaining the investment value of securities. Thus, if a security is bought...
On the other hand, the common examples of intangible assets with an identifiable life that are reduced by amortization for bookkeeping purposes include the following: Patents Intellectual Property (IP) Copyright Trademarks Customer Lists (and Client Relationships) Brand Recognition Goodwill is not permit...
Second, amortization can also refer to the practice of spreading outcapital expensesrelated to intangible assets over a specific duration—usually over the asset’suseful life—for accounting and tax purposes. Amortization of Loans Amortization can refer to the process of paying off debt over time ...
not just during the period in which it's acquired. Amortization and depreciation are two main methods of calculating the value of these assets whether they're company vehicles, goodwill, corporate headquarters, or patents.