When buying a incorporated bussiness, including equipment, what taxes own to be remunerated on the equipment?

Answers:
Hello,

I'm not sure that I understand the question correctly.

When you read out that you're purchasing an incorporated business, do you mean that you are purchasing the shares of that corporation from the current owners? Or are you buying the business activities, including equipment, from the corporation and taking over operation either as a proprietorship or in a not long incorporated corporation which you've set up?

It makes a difference, so once I know I can better answer your questions.

Cheers. Source(s): CGA surrounded by practice

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