UNDERSTANDING SALES TAX EXPOSURES IN BUSINESS ACQUISITIONS

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September 23, 2021

by a professional from St. John's University in Minneapolis, MN, USA

Investors often take painstaking measures to structure deals and perform financial due diligence. Income tax consideration and structural planning are important, but failure to include sales and use tax¹ assessments in diligence can create financial land mines. Due to the transactional nature of sales taxes, exposure can build quickly. Unprepared investors can soon find themselves assuming sales tax liabilities they hadn’t expected. To learn more, visit: https://www.boulaygroup.com/blog/understanding-sales-tax-exposures-in-business-acquisitions/

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Reply by a searcher
from Dartmouth College in Providence, RI, USA
Thanks for sharing! I hadn't thought about this too much before, so it's helpful to put this front of mind
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Reply by a professional
from University of Southern California in North Palm Beach, FL, USA
Whoa! Can I share some of the content with my network, citing you as the source?
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