000 03875nam a2200649 i 4500
001 9781948580687
003 BEP
005 20241023114905.0
006 m eo d
007 cr cn |||m|||a
008 180828s2018 nyu foab 001 0 eng d
020 _a9781948580687
_qe-book
035 _a(OCoLC)1050843614
035 _a(CaBNVSL)swl000408640
040 _aCaBNVSL
_beng
_erda
_cCaBNVSL
_dCaBNVSL
043 _an-us---
050 4 _aHD1393.4.U6
100 1 _aSeago, W. Eugene,
_eauthor.
245 1 4 _aThe tax aspects of acquiring a business /
_cW. Eugene Seago.
250 _aSecond edition.
264 1 _aNew York, New York (222 East 46th Street, New York, NY 10017) :
_bBusiness Expert Press,
_c[(c)2018.]
300 _a1 online resource (91 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
490 1 _aFinancial accounting, auditing, and taxation collection,
_x2333-6773
504 _a2
505 0 _a1. The purchase and sale of an unincorporated business --
_t2. The purchase and sale of an incorporated business --
_t3. The purchase and sale of an S corporation --
_t4. The purchase of a corporation's subsidiary --
_t5. Tax-deferred acquisitions of C corporations --
_t6. Business investigation costs --
_tAbout the author --
_tIndex.
506 _aAccess restricted to authorized users and institutions.
520 3 _aTax considerations are seldom the determining factor in deciding whether to purchase a business. However, taxes often affect the price and form (e.g., purchase of stock or purchase of assets) the acquisition takes. This is true because the form of the transaction affects the buyer's present value of after-tax future cash flows and therefore the price the seller will receive. The tax implications of the purchase and sale of a business largely depend upon who the buyer and seller are and what is being bought and sold. The business being purchased may be an unincorporated proprietorship, a single owner limited liability company (LLC), a partnership (or an LLC with more than one member), a C corporation, or an S corporation. The form of the sale (asset or stock) affects the character of the seller's gain (ordinary or capital) and the buyer's basis of the assets. The buyer's basis will eventually become tax deductions. Just as the price the buyer is willing to pay is based on the projected present value of the after-tax proceeds, the price that is acceptable to the seller will depend upon his or her expected after-tax proceeds. Each party must be aware of the other party's tax consequences to achieve a rational agreement.
530 _a2
_ub
530 _aAlso available in printing.
538 _aMode of access: World Wide Web.
538 _aSystem requirements: Adobe Acrobat reader.
588 _aTitle from PDF title page (viewed on August 28, 2018).
650 0 _aBusiness enterprises
_xPurchasing
_xTaxation
_zUnited States.
653 _aapplicable federal rate (AFR)
653 _acontingent liabilities
653 _acontract price
653 _acost recovery period
653 _acovenant to not compute
653 _adepreciation recapture
653 _agoodwill
653 _agross profit ratio
653 _ainstallment sale
653 _alimited liability company (LLC)
653 _aqualified indebtedness
653 _asection 197 intangible assets
653 _atax basis
653 _atax lives
655 0 _a[genre]
776 0 8 _iPrint version:
_z9781948580670
830 0 _aFinancial accounting, auditing, and taxation collection.
_x2333-6773
856 4 0 _uhttps://go.openathens.net/redirector/ciu.edu?url=https://portal.igpublish.com/iglibrary/search/BEPB0000779.html
942 _2lcc
_bCIU
_cOB
_eBEP
_QOL
_zBEP9781948580687
999 _c74348
_d74348
902 _c1
_dCynthia Snell