Friday, January 8, 2010

Goodwill Purchase Agreement What Is The Depreciation Schedule Of A Franchise And Goodwill?

What is the depreciation schedule of a franchise and goodwill? - goodwill purchase agreement

I will buy a company and to distribute the necessity of the purchase price. Assets are only franchise and business or goodwill. I want to pay for the allocation, so you as quickly as possible.

1 comment:

EADave said...

Goodwill and sincerity or concern are Article 197 and intangible assets should be amortized over 180 months. To post a loss of funds to deduct the applicable part of the base-weighted assets of more than 15 years. No deductions for depreciation and a shorter recovery is not permitted § 197 authorized intangible assets.

My source is the Publication 535, Chapter 8, page 27 I hope that helps. If I was you, I seek professional help on this complex issue.

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