This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Form 8594 Vs Form 8883 In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00418
Format:
Word;
Rich Text
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Use Form 8883 to report information about transactions involving the deemed sale of corporate assets under section 338. The sum of the amounts allocated to Classes IV and V are reported in the aggregate on Form 8594.See Appendix A; see also T.D. 8711 (Jan. Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity.