National Bank's core deposit amortization upheld by Tenth Circuit.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on June 1, 1993. The length of the article is 6542 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS's absolute prohibition on core deposit intangibles amortization was struck down by the US Court of Appeals for the 10th Circuit. The grounds for this decision include evidence that core deposit life expectancies are predictable, the lack of a useful definition of 'goodwill,' the amount of effort that would be required to profit from core deposits, and the vague relationship between core deposits and the bank's interest.

Citation Details
Title: National Bank's core deposit amortization upheld by Tenth Circuit.
Author: James W. Haugh
Publication:The Tax Adviser (Magazine/Journal)
Date: June 1, 1993
Publisher: American Institute of CPA's
Volume: 24 Issue: n6 Page: 381(1)

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