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TREAS/OCC

RIN: 1557-AD13

Publication ID: Fall 2008

Title: ●Capital Adequacy Guidelines; Deduction of Goodwill Net of Associated Deferred Tax Liabilities
Abstract: The OCC, FRB, FDIC, and OTS plan to issue a proposal to permit banks, bank holding companies, and savings associations to compute the deduction from tier 1 capital of goodwill net of associated deferred tax liabilities. Under current capital rules, goodwill arising from nontaxable business combinations is deducted from tier 1 capital net of associated deferred tax liabilities. The rule would extend this treatment to goodwill arising from all business combinations, regardless of the tax status of the underlying transaction.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: Undetermined	Unfunded Mandates: No
CFR Citation: 12 CFR 3
Legal Authority: 12 USC 93a 12 USC 161 12 USC 1818 12 USC 1828(n) 12 USC 1828 note 12 USC 1831n note 12 USC 1835 12 USC 3907 12 USC 3909

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	09/30/2008	73 FR 56756
NPRM Comment Period End	10/30/2008
Final Rule	01/00/2009

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Undetermined
Federalism: Undetermined
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Jean Campbell Counsel Department of the Treasury Comptroller of the Currency Legislative and Regulatory Activities Division, 400 7th Street SW., Washington, DC 20219 Phone:202 649-6293 Email: jean.campbell@occ.treas.gov