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House approves bill requiring sales-tax notice to new business buyers
Summary
House Bill 115 passed Jan. 26, 1995; it requires the State Tax Commission to provide notice on new sales-tax-account applications that purchasers of an existing business may assume prior sales-tax liabilities. Sponsor Armand Evans said the measure does not change liability, only increases notification.
House Bill 115 passed the Utah House on Jan. 26, 1995. The measure requires the State Tax Commission to notify applicants for a new sales-tax account that they may be liable for unpaid sales taxes of a previous business owner when they buy an existing business.
Representative Armand…
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