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Does this exemption qualify if selling a business that has no stock, just a standard asset sale?
by nodesocket 8y ago
Does this exemption qualify if selling a business that has no stock, just a standard asset sale?
- gnicholas 8y agoIt applies only to the sale of stock, as the name implies. One can restructure an asset sale as a stock sale in order to take advantage, if the tax benefit is big enough. Not sure what you mean about a business that has no stock (sole proprietorship?).