Sales and Use tax dischargeability
Posted: Wed Jul 15, 2015 2:12 am
If a debtor sells his franchise business to another party but does not
"terminate" or "close" it, can the sales and use tax still be discharged if
the other requirements are met? Or does selling the business leave the
taxes still "assessable"?
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
Central District of California - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
**Counsel for Chapter 13 Trustee Kathleen A. McCallister (Idaho) T (208)
922-5100
If a debtor sells his franchise business to another party but does not "terminate" or "close" it, can the sales and use tax still be discharged if the other requirements are met? Or does selling the business leave the taxes still "assessable"?Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
holly@roarklawoffices.com**primary email address**
www.roarklawoffices.com
Central District of California - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
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