A purchaser of the assets of a business will be liable for any unpaid sales tax of the seller, as well as any accrued interest and penalties related thereto. The Ohio sales and use tax applies to the retail sale, lease, and rental of tangible personal property as well as the sale of selected services in Ohio.Our free online guide for business owners covers Ohio sales tax registration, collecting, filing, due dates, nexus obligations, and more. Consider all costs at time of acquisition or construction. This Agreement is limited to the assets described, and Purchaser is not purchasing, and shall have no interest in, the Excluded Assets,.