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Who Pays Sales Tax on FF&E for a Bulk Sale Escrow

Who Pays Sales Tax on FF&E for a Bulk Sale Escrow

When buying and selling a business in California, there is the not so little matter of paying sales tax.  Yes, sales tax when buying a business, just like you would pay sales tax on a pair jeans at the department store.  The theory is that when you are buying a business, you are not just buying the Goodwill, but you are also buying tangible equipment critical in the operation of the business.  That tangible property … Read entire article »

Filed under: Business Tips, Due Diligence