If you are filing your final return and reporting the sale of the business assets, see the last bullet under "Line 2. Purchases Subject to Use Tax."Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. Many Buyers will require that a sale be structured as an Asset Purchase in order to avoid responsibility for prior liabilities or expenses of the business. The form to fill out is available on the official escrow website. The purpose of this document is to provide a brief summary of the many steps in the escrow process. Overview. During a bulk sale, you may request a bulk sale certificate. A bulk sale certificate releases a business's withholding tax liability. 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. Business Operations Tax details and licensing information for the City of Sacramento.