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 Examples In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00418
Format:
Word;
Rich Text
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Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Complete Part III and file a new Form 8594 for each year that an increase or decrease in consideration occurs.Clauses to fill in the form 8594 Line 1: Fill in the name, address and TIN of the other party of the transaction (either the purchaser or seller). Attach copies of your pay stubs for the last two months and proof of any other income. Take a copy of your latest federal tax return to the court hearing. Seller and Purchaser agree to file all information reports and tax returns in a manner consistent with the purchase price allocation set forth on Schedule 1.