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 Foreign Buyer In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Form 8594 must also be filed if the purchaser or seller is amending an original or a previously filed supplemental Form.8594 because of an increase or decrease. In Part IGeneral Information, enter the name, address, and TIN of the other party to the transaction (purchaser or seller). – Both the purchaser and seller are required to file Form 8594. Learn how to file form 8594 and when to file. Go to Screen 65, Asset Acquisition Statement (8594) (Screen 58 for S-Corp). Enter a 1 or 2 in the field 1=buyer, 2=seller (MANDATORY).