Get Form Au-196.10:12/10:notification Of Sale, Transfer, Or ...

Filling out the Form AU-196.10:12/10 is a crucial step when notifying the New York State Department of Taxation and Finance about a bulk sale, transfer, or assignment. This guide will walk you through the process of completing the form accurately online, ensuring you meet all necessary requirements.

Follow the steps to successfully complete the form online.

1. Click the ‘Get Form’ button to access the form and open it in your browser.
2. In Section 1, enter the mailing addresses for the purchaser, seller, and escrow agent, if applicable. Make sure to provide complete information including street addresses, city, state, ZIP code, and telephone numbers with area codes.
3. Complete Section 2 by entering vendor identification details such as the purchaser’s and seller’s Certificate of Authority identification numbers.
4. Section 3 is where you will detail the specifics of the sale. Fill in the names of the purchaser or their representative, seller or their representative, and the escrow agent. Additionally, provide details such as the scheduled date of sale and the location of property when transferred.
5. Specify the type of business or property sold and the amount of the escrow fund along with the bank's information where the escrow fund is deposited, including its address and telephone number.
6. List the sales prices of the various assets sold. Break down the information into specified categories such as tangible personal property, motor vehicles, merchandise inventory, manufacturing equipment, real estate, and intangible property. Calculate the total sales price and ensure accuracy.
7. For the certification section, ensure that the person submitting the form, either the purchaser or seller, signs and dates the form. If a representative is signing, include their title and clarify their relationship to the purchaser or seller.
8. Once all sections are completed, review the document carefully for any omissions or errors. After confirming all information is accurate, you can save the changes, download, print, or share the completed form as necessary.

Ensure your compliance by completing the Form AU-196.10:12/10 online today.