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 Seller In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
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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.The form serves as a record for the IRS, detailing how the purchase price is allocated among various assets to reflect their fair market value. Go to Screen 65, Asset Acquisition Statement (8594) (Screen 58 for S-Corp). Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. The IRS requires both the buyer and seller to submit Form 8594, which outlines the purchase price allocation. Learn how to file form 8594 and when to file.