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I am thinking about buying a business. Should I buy the whole corporation (share purchase) or just the equipment it owns (asset purchase)?

April 26, 2017ASSET Business buy buying corporation equipment owns purchase share thinking

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I am thinking about buying a business. Should I buy the whole corporation (share purchase) or just the equipment it owns (asset purchase)?

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A. A number of considerations primarily concerned with taxation and liability issues, should be taken into account before making this determination. You should speak to a lawyer to obtain information and advice.