This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.
Asset Purchase Buy With Purchase In Los Angeles
Category:
State:
Multi-State
County:
Los Angeles
Control #:
US-00419
Format:
Word;
Rich Text
Instant download
Description
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FAQ
From the tax perspective of the buyer, an asset sale allows for a step-up in the tax basis of the assets acquired. This often allows the buyer to increase their depreciation and amortization deductions in the future, which can result in lower tax bills.
The biggest difference is that an SPA is the sale of all shares, and an APA is the sale of selected assets. Therefore, they are both different transactions and have different procedures.
