One of the more significant issues in an asset purchase deal is the allocation of purchase price among the assets being purchased. The allocation impacts the tax liability of the vendor arising from the sale and the future tax shield of the purchaser, as well as various commodity taxes that arise under HST/GST legislation, provincial sales taxes, land transfer taxes and property taxes. (...)

type Goodwill Hunting: Identifying and Allocating Value to Goodwill on the Sale of a Business