Washington Code 51.08.177 – “Successor.”
Current as of: 2023 | Check for updates
|
Other versions
“Successor” means any person to whom a taxpayer quitting, selling out, exchanging, or disposing of a business sells or otherwise conveys, directly or indirectly, in bulk and not in the ordinary course of the taxpayer’s business, a major part of the property, whether real or personal, tangible or intangible, of the taxpayer.
NOTES:
Adoption of rules—2004 c 243: “The department shall adopt rules to implement this act.” [ 2004 c 243 § 10.]
Terms Used In Washington Code 51.08.177
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080