In the context of business acquisitions, a corporation can purchase either the stock of another corporation (i.e. Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity.At Griffin Funding, you must have a minimum credit score of 620 to qualify for an asset-based loan in Massachusetts. Write the details of sales of property with gains. Asset purchase agreements are a useful way to: Carve out certain assets of a business without taking on liabilities or debt obligations. The due diligence in the asset purchase is focused on assuring that any issues associated with the assets are uncovered and properly accounted for. Understand the difference between asset acquisitions and business combinations and why it matters when accounting for the transaction. Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. Who Can Register a Market Asset with the ISO? Learn how to fill out a Financial Statement Form, which you need for many types of cases in Massachusetts Probate and Family Court.