Sales and Use Tax Implications of Business Acquisitions: Stock vs. Asset Sales, Successor Liability, Exemptions
Nexus Implications of Acquiring Certain Entities, Drop Down of Assets Followed by Stock Sale, Tangible vs. Intangible Assets
Note: CLE credit is not offered on this program
A live 110-minute CPE webinar with interactive Q&A
This course will guide tax professionals with an in-depth analysis of the sales and use tax issues in acquiring certain businesses. The panel will discuss the unexpected sales and use tax consequences, nexus implications, issues stemming from the drop-down of assets followed by a stock sale, successor liability, and other key issues.
Outline
- Sales and use tax from transactions
- Nexus implications
- Asset vs. stock sales and transfer taxes
- Successor liability
- Tax due diligence
Benefits
The panel will discuss these and other key issues:
- Due diligence best practices for sales and use taxes for transactions
- Sales tax issues for stock vs. asset sales and acquisitions
- Understanding the various types of transaction taxes, such as stock transfer and documentary transfer/issuance taxes
- Particular sales tax challenges and maintaining exemptions
- Issues stemming from the drop-down of assets followed by a stock sale
- Methods to minimize successor liability stemming from business acquisitions
- Identifying, describing, and evaluating for sufficiency any reserves the target company has made for sales and use and other transaction tax liabilities
Faculty

Joseph F. Geiger, Jr., Esq., CPA
Consulting Tax Manager
Vertex
Mr. Geiger works with the company's Tax Process Consulting Group and has more than 25 years of experience with... | Read More
Mr. Geiger works with the company's Tax Process Consulting Group and has more than 25 years of experience with income, sales and use and other taxes, with particular expertise in tax appeals, audit controversies and reverse audits. He also has experience with taxation of P-card purchases. In addition he has worked in tax compliance for corporations and for public accounting firms.
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Judith B. Vorndran, JD, CPA, MSBA
Partner
TaxOps
Ms. Vorndran helps clients and tax professionals navigate the morass of state and local tax issues with the goal of... | Read More
Ms. Vorndran helps clients and tax professionals navigate the morass of state and local tax issues with the goal of making it less “taxing!” She is a nationally recognized thought leader and award-winning instructor with a steady focus on finding ways to simplify complex state and local tax issues and resolve areas of state tax controversy.
CloseEarly Discount (through 06/23/23)
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event.
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NASBA details.
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Early Discount (through 06/23/23)
CPE credit is not available on downloads.
CPE On-Demand