amortizable section 197 intangible
Defined in 1 place of the United States Code.
Except as otherwise provided in this section, the term “amortizable section 197 intangible” means any section 197 intangible—
(A) which is acquired by the taxpayer after the date of the enactment of this section, and
(B) which is held in connection with the conduct of a trade or business or an activity described in section 212.
Source
- 1994–present26 U.S.C. § 197Internal Revenue Code · Amortization of goodwill and certain other intangibles · in this section