Many tax professionals who consult on transactions involving the sale of a New York business operation often overlook the state's bulk sale
notification requirements, which could represent a trap for the unwary.
The bulk sales
are expected to result in fourth quarter 2012 pre-tax charges of approximately USD11.
First, the retailer exclusion does not apply in cases of bulk sales
of oil or natural gas, which are defined as "sales in very large quantities," to a commercial or industrial user (Regs.
While Moodys expects Renhe's sales in 2010 could meet its expectation, a significant portion was conducted by bulk sales
in second half of 2010.
also may be exempted from sales and use taxes.
B) New ABC rules that now permit bulk sales
and steeply discounted subscriptions to be counted as top-line paid circulation.
will halt bulk sales
of synthetic vitamin E products to food manufacturers, said the parent company.
Prior to 1990, Article 6 of the Uniform Commercial Code (UCC) was the uniform state law that regulated bulk sales
Available in either single subscription or in bulk sales
, the monthly provides hospitals and physician practices with management tools, marketing strategies, and successful business practices.
Appraisers could not keep up, and appraisals did not seem propriate for bulk sales
Anton noted that bulk sales
are "ramping up" as loans become due.