If the business you are buying includes business assets such as furniture or office equipment, you must pay sales tax on them. Schedule a free consultation with Synergy Business Brokers today.Call Grant Taylor at (718) 490-6399 or fill out our form for your confidential consultation. Find the right New York, NY business asset you are looking for on BizBuySell. Browse 42 small and large business assets in New York, NY today! 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. Browse 20 NY Business Assets for sale on BizBuySell. Selling your business? Explore the tax implications of an asset sale vs share sale when selling a Canadian private corporation.