Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 208

Full Length Research Paper

Bulk asset purchase transactions involving New York sales tax vendors: Be careful there and everywhere

James B. Biagi
  • James B. Biagi
  • School of Business and Global Innovation, Marywood University, Scranton, PA, USA.
  • Search for this author on:
  • Google Scholar


  •  Received: 01 September 2016
  •  Accepted: 18 October 2016
  •  Published: 30 November 2016

Abstract

This paper explores the potentially harsh impact of the bulk sales provisions of New York State’s Tax Law on the purchaser of assets (either personal, intangible or real) from a sales tax vendor other than in the ordinary course of business. The author also points out that New York is not alone in its treatment of these types of transactions.

Key words: Bulk sales, sales tax, sales tax vendor, personal liability.

Copyright © 2024 Author(s) retain the copyright of this article.

This article is published under the terms of the Creative Commons Attribution License 4.0

Back to Vol. 8 No. 6
Back to articles
SUBSCRIBE TO RSS
SUBMIT MANUSCRIPT
CONFERENCES