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Pending content is not necessarily effective.","topic":"323","topic_title":"Investments—Equity Method and Joint Ventures","subtopic":"323-740","subtopic_title":"Income Taxes—Proportional Amortization Method","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":"Proportional Amortization Method","heading":null,"paragraphs":[{"citation":"323-740-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\">Paragraph <a href=\"/asc/323/740/#323-740-25-5\" class=\"xref\">323-740-25-5</a> prohibits immediate recognition of <span class=\"sfragment\" id=\"GUID-DEF540B1-C6AE-4A48-8CB2-FFB8FD29E91C\"><span class=\"sfragment-source\">income</span></span> tax credits, at the time of initial investment, for the entire benefit of tax credits to be received <span class=\"sfragment\" id=\"GUID-C559BDB6-C39D-4ACC-92BE-73DC5C3679C4\"><span class=\"sfragment-source\">over a period of time</span></span> during the term of an investment <span class=\"sfragment\" id=\"GUID-F6E11611-33E4-4149-BA2B-623F82873BA4\"><span class=\"sfragment-source\">that generates income tax credits and other income tax benefits from a tax credit program (that is, income tax credits shall not be recognized in the financial statements before the year in which the credit arises). </span></span></div></div></div>","snippet":"Paragraph 323-740-25-5 prohibits immediate recognition of income tax credits, at the time of initial investment, for the entire benefit of tax credits to be received over a period of time during the term of an investment…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3724047e8fb1d7eb32cbb727d8dc406937e86921c6b8956040e0db9a40e262e","downloaded_from":"2026-09-09T23:41:19.906Z","last_downloaded_at":"2026-09-09T23:41:19.906Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477198","source_sha256":"a472809abe945678c8e36da880ee48d28f364eaeab9383523658edda00600e7f"}},{"citation":"323-740-30-2","para":"30-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\">Example 1 (see paragraph <a href=\"/asc/323/740/#323-740-55-2\" class=\"xref\">323-740-55-2</a>) illustrates the application of <span class=\"sfragment\" id=\"GUID-DCFF81A2-0C77-4DC7-8E3A-C5385D4EDCD7\"><span class=\"sfragment-source\">the proportional amortization method </span></span> to a limited partnership investment <span class=\"sfragment\" id=\"GUID-1094714D-8D1D-4A91-A1BB-FC540B3D814B\"><span class=\"sfragment-source\">that generates income tax credits and other income tax benefits from a tax credit program. Example 2 (see paragraph <a href=\"/asc/323/740/#323-740-55-11\" class=\"xref\">323-740-55-11</a>) illustrates the application of the proportional amortization method to a limited partnership investment that generates income tax credits, other income tax benefits, and non-income-tax-related benefits from a tax credit program. </span></span></div></div></div>","snippet":"Example 1 (see paragraph 323-740-55-2) illustrates the application of the proportional amortization method to a limited partnership investment that generates income tax credits and other income tax benefits from a tax cr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa2bb52283e790eaf73504f18e4d7666475554b3a2044597b700610ffdda1733","downloaded_from":"2026-09-09T23:41:19.906Z","last_downloaded_at":"2026-09-09T23:41:19.906Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477198","source_sha256":"a472809abe945678c8e36da880ee48d28f364eaeab9383523658edda00600e7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:67fdbb3c8f985b4adba8b104bf98db910cf744e81d67d119850596462f0abfbc","downloaded_from":"2026-09-09T23:41:19.906Z","last_downloaded_at":"2026-09-09T23:41:19.906Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477198","source_sha256":"a472809abe945678c8e36da880ee48d28f364eaeab9383523658edda00600e7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:af46f9daad6247974531d6c6d3a673015edbda85d7d2f921c146a249070de5a1","downloaded_from":"2026-09-09T23:41:19.906Z","last_downloaded_at":"2026-09-09T23:41:19.906Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477198","source_sha256":"a472809abe945678c8e36da880ee48d28f364eaeab9383523658edda00600e7f"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:af46f9daad6247974531d6c6d3a673015edbda85d7d2f921c146a249070de5a1","downloaded_from":"2026-09-09T23:41:19.906Z","last_downloaded_at":"2026-09-09T23:41:19.906Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477198","source_sha256":"a472809abe945678c8e36da880ee48d28f364eaeab9383523658edda00600e7f"}}