H.R. 3362, The Tax Fairness for Small Business Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Original version created by webmaster

H.R. 3362 would amend the Internal Revenue Code of 1986 to allow 5-year amortization of goodwill and other section 197 intangibles that are acquired from a small business.

Detailed Summary

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Status of the Legislation

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Points in Favor

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Points Against

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