[WSBARP] Sale of Business Assets

[Chris Wright]

Buyer pays, but it is Seller's obligation to collect the tax and remit it to the state.  Seller is obligated for any uncollected tax.  See RCW 82.08.060(1),(3).

CJW
Christopher J Wright PLLC
522 W Riverside Suite 611
Spokane, WA 99201
(T) (509) 279-2793
(F) (509) 356-7551
chris at cjwrightlaw.com



From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of nestor at pplsweb.com
Sent: Monday, June 25, 2018 6:07 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Sale of Business Assets

When there is a PSA for the sale of business assets and the contract is silent, which party is responsible and liable for the payment of the use tax to DOR on the sale? My reading of the statute is the Seller. Am I  incorrect?

Thanks.

Nestor Gorfinkel, Attorney at Law
Admitted to practice law in Washington & Florida
Florida Civil-Law (International) Notary
11900 NE First Street Suite 300
Bellevue, WA 98005
Tel. (425) 961-0519
Fax. (888) 522-3601

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