descriptive claim
For a purchaser under 338H10 tax treatment, existing goodwill is excluded from the basis and is irrelevant to the calculation.
Unresolved speaker · What Frontier Labs Buy: A Data Deep Dive with Handshake AI — Garrett Lord & Team · 9 Nov 2026
In their words
The transcript segments this claim was taken from
“It's like, well, in that scenario, you would not actually use it in the basis, and it's irrelevant for this calculation.”1:26:30Report a misattribution
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