Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2013
Sales and Use Tax Annotations
535.0000 SUCCESSOR'S LIABILITY—Regulation 1702
535.0050 Liability Limited to Specific Business. A taxpayer purchases a manufacturing facility in this state. The seller has a tax liability for the manufacturing location as well as liabilities related to other businesses. Since for purposes of successor liability each location is a separate business, the purchaser's liability as a successor arises only with respect to the tax liability arising from the manufacturing facility. 10/16/90.