Tax implications can vary but typically include:
- Capital Gains Tax: Sellers may be liable for capital gains tax on the profit from the sale.
- Goods and Services Tax (GST): GST may apply to the sale, and it’s important to clarify whether the transaction includes GST.
- Stamp Duty: Buyers may need to pay stamp duty on the transfer of certain assets, such as property.
- Employee Tax Obligations: Addressing tax obligations related to the transfer or termination of employees.

