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Goodwill is not amortized in GAAP accounting for public companies (it can be impaired, but that’s bad). But you’re right, I had forgotten that it may be amorti
by kgwgk 7y ago
Goodwill is not amortized in GAAP accounting for public companies (it can be impaired, but that’s bad).
But you’re right, I had forgotten that it may be amortized for tax purposes when it comes from a taxable asset sale (not for an stock-based acquisition).