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Asset Purchase Agreement - More Complex

Asset Purchase Buy With Price In Travis

Category:

Small Business - Business Sale

State:

Multi-State

County:

Travis

Control #:

US-00419

Format:

Instant download

Description

This form is an Asset Purchase Agreement. The seller agrees to sell to the buyer certain assets which are listed in the agreement. The form also provides that the buyer will not be responsible for any unfilled orders from the customers of the seller.

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The Buyer may, however, want to complete the acquisition despite the inaccuracy if it can obtain, for example, an adjustment in the Purchase Price. A taxable asset purchase allows the buyer to "step up," or increase, the tax basis of the acquired assets to reflect the purchase price.Any significant assets that have been sold off in recent years could drop the purchase price. With an asset purchase, the buyer can step up the tax basis on the target corporation's appreciated assets to reflect the purchase price.

Asset Purchase Buy With Price In Travis

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