Customer List

Customer List

A list of previous buyers from a company. The company maintains a customer list in order to continue the business relationship. That is, companies use customer lists to keep up with buyers and to promote customer loyalty.
References in periodicals archive ?
The Service might take a position that other intangibles were acquired at the same time the customer list was acquired, even though no such assets were recorded, and force the taxpayer to recover the remaining unamortized basis over the remaining useful life of such other acquired intangibles.
In May 2000, after filing for bankruptcy, Toysmart planned to sell its assets, including its customer list containing information about 250,000 customers.
THERE ARE 3 YEARS OF BACK SALES AND A CUSTOMER LIST AVAILABLEFOR BUYER.
s assets is a customer list whose FMV and basis on the change date are $150 and $50, respectively.
It provided a number of business purposes for the split-off, including the fact that the customer list for one of the businesses was very diverse, causing concern by the management of the other business over exposure to Y2K compliance problems.
in which the taxpayer acquired a customer list and other assets.
Tangible assets $ 100 Customer list A (product line A) 200 Customer list B (product line B) 200 Trademark 200 Goodwill 300
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