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 Travis
Category:
State:
Multi-State
County:
Travis
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. • Agreement is binding on the parties but not on the IRS.Unless Seller elects the installment method or is eligible for the "open transaction" method, Seller must use the "closed transaction" method.