To avoid the imposition of state sales tax on software or other intellectual property to be transferred to a buyer in an
Posted: Sun Jul 03, 2022 4:27 pm
To avoid the imposition of state sales tax on software or otherintellectual property to be transferred to a buyer in an assetpurchase transaction, the seller should:
a. Load the transferred IP onto a disk or other physical mediumto be delivered to the buyer
b. Notify the state tax authorities of the transfer
c. Transfer the IP to the buyer electronically
d. All of the above
a. Load the transferred IP onto a disk or other physical mediumto be delivered to the buyer
b. Notify the state tax authorities of the transfer
c. Transfer the IP to the buyer electronically
d. All of the above