Asset sales and equity sales offer unique advantages and disadvantages that must be carefully considered when deciding to sell a business. In an asset sale, the seller may face double taxation.Intangible assets may be subject to capital gains tax. This FindLaw article helps you make the decision to purchase an existing business's stock sale or asset sale. In an asset deal, the tax advantages to the buyer can be substantial. This article highlights the advantages and disadvantages of each. Advantages of an Asset Sale. Nonprofit status may make an organization eligible for certain benefits, such as state sales, property, and income tax exemptions. Legal advise and agreements for purchasing a business or selling a business. Get our free, updated 2022 checklist for business buyers.