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Five State Tax Issues Every Buyer, Broker and Seller Needs to Know About

Five State Tax Issues Every Buyer, Broker and Seller Needs to Know About

by sevaa

By November 1, 2016September 18th, 2021Insights

In an article published by GRA’s online blog, Stephen Bradshaw and Michael Kee offer guidance to buyers, brokers and sellers of restaurants regarding the state tax issues they need to be aware of. Bradshaw and Kee outline five helpful suggestions, including looking for sales tax refunds, determining if the seller should charge the buyer sales tax, checking for outstanding sales tax, determining if realty transfer taxes apply and checking for unclaimed property. “Even if there is an immaterial amount of unclaimed property, for example, the way the seller deals with the issue speaks to the overall sophistication and picture of the seller, thus ultimately affecting the bottom line.” Click here to read the full article.

For additional information on state tax issues to be aware of, please contact Stephen Bradshaw by calling 770.396.220.