Georgia Supreme Court rules purchaser liable for delinquent sales tax as successor in interest

A purchaser of a business who fails to consider the seller's Georgia sales and use tax obligations does so at the purchaser's own peril. In the recent tax case of JD Design Group, Inc. v. Graham, the ruling by the Georgia Supreme Court makes that point all too clear.

Background

Filed under:
USA, Insolvency & Restructuring, Litigation, Tax, Baker Donelson Bearman Caldwell & Berkowitz PC, Interest, Consideration, Liability (financial accounting), Due diligence, Letter of intent, Misdemeanor, Warranty, Georgia Supreme Court (US state)
Location:
USA
Firm:
Baker Donelson Bearman Caldwell & Berkowitz PC