TITLE

Transferee Liability When Selling a Business

AUTHOR(S)
Kirschner, Lowell S.
PUB. DATE
September 2012
SOURCE
New Jersey CPA;Sep/Oct2012, Issue 35, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the author's views on the characteristic of transferee liability during sale of a business enterprise. He explains that transferee liability could present a problem when the seller incurs a federal income tax liability, built-in gains tax or excess net passive income tax liability. The author thinks that it is vital for the seller's accountant to verify the purchaser's income tax reduction claims.
ACCESSION #
79462170

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics