TY - JOUR
T1 - A tax perspective of professional services marketing
T2 - The acquisition of customer based intangibles
AU - Wise, Spence L.
AU - Miles, Morgan P.
AU - White, John B.
PY - 1995/11/6
Y1 - 1995/11/6
N2 - The present study attempts to discuss: (1) how the allocation of the purchase price to individual assets affects the after-tax cost of acquiring a professional services marketer; (2) define the “customer based intangibles” affected by the Supreme Court ruling; (3) discuss the tax conflict between goodwill and customer based intangibles; (4) review the recent Supreme Court ruling and set forth the tests and conditions which must be met in order to gain adeduction; and (5) discuss the Revenue Reconciliation Act of 1993 and its impact on acquisition of customer based intangibles after August 10, 1993. In addition, the present study will discuss the environmental implications of the Revenue Reconciliation Act of 1993 will have on the professional services marketing sector.
AB - The present study attempts to discuss: (1) how the allocation of the purchase price to individual assets affects the after-tax cost of acquiring a professional services marketer; (2) define the “customer based intangibles” affected by the Supreme Court ruling; (3) discuss the tax conflict between goodwill and customer based intangibles; (4) review the recent Supreme Court ruling and set forth the tests and conditions which must be met in order to gain adeduction; and (5) discuss the Revenue Reconciliation Act of 1993 and its impact on acquisition of customer based intangibles after August 10, 1993. In addition, the present study will discuss the environmental implications of the Revenue Reconciliation Act of 1993 will have on the professional services marketing sector.
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U2 - 10.1300/J090v12n01_07
DO - 10.1300/J090v12n01_07
M3 - Article
AN - SCOPUS:84952737142
SN - 0748-4623
VL - 12
SP - 85
EP - 93
JO - Journal of Professional Services Marketing
JF - Journal of Professional Services Marketing
IS - 1
ER -