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" If an intangible asset is known from experience or other factors to be of use in the business or in the production of income for only a limited period, the length of which can be estimated with reasonable accuracy, such an intangible asset may be the... "
Reports of the Tax Court of the United States - Page 16
by United States. Tax Court - 1963
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Treasury Decisions Under Internal Revenue Laws of the United States, Volume 29

United States. Internal Revenue Service - 1928 - 406 pages
...intangible asset acquired through capital outlay is known from experience to be of value in the business for only a limited period, the length of which can be estimated from experience with reasonable certainty, such intangible asset may be the subject of a depreciation...
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American law reports annotated, Volume 49

1927 - 1624 pages
...intangible asset acquired through capital outlay is known from experience to be of value in the business for only a limited period, the length of which can be estimated from experience with reasonable certainty, such intangible asset may be the subject of a depreciation...
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