To amend the Internal Revenue Code of 1986 to clarify that amounts paid to acquire certain intangible items are treated as being paid for goodwill.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that amounts paid or incurred to acquire customer base, market share, or any similar intangible item shall be treated as paid or incurred for intangible property with an indeterminate useful life for purposes of determining the depreciation deduction.…