Posts Tagged ‘tax clearance’
BOE Tax Clearances
When a business that sells or leases goods at retail owes sales taxes to the California Board of Equalization (BOE), the buyer of the business can be responsible for paying the BOE the amount owing if the seller does not pay them. The liability applies to any person who is a successor or assignee of…
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When a business is an employer that owes contributions, interest, or penalties to the California Employment Development Department (EDD), the buyer of the business can be responsible for paying the EDD the amount owing if the seller does not pay them. By the way, the statute applies to any person who “acquires” the business (or…
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