Form 8594 Vs Form 8883 In Wayne

State:
Multi-State
County:
Wayne
Control #:
US-00418
Format:
Word; 
Rich Text
Instant download

Description

This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
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Use Form 8883 to report information about transactions involving the deemed sale of corporate assets under section 338. 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.The sum of the amounts allocated to Classes IV and V are reported in the aggregate on Form 8594. See Appendix A; see also T.D. 8711 (Jan. 488, AA014128, Data not found.

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Form 8594 Vs Form 8883 In Wayne