Question: Ernesto was asking for $ 5 7 4 , 0 0 0 for the company. His tax basis in the BLI stock was $ 1
Ernesto was asking for $ for the company. His tax basis in the BLI stock was $ Included in the sales price was an unrecognized customer list valued at $ The unallocated portion of the purchase price $ will be recorded as goodwill.
Assume Ernesto agrees to sell his stock in BLI to Amy and Brian for $ What are the tax benefits, if any, to Amy and Brian from structuring the acquisition as a stock sale?
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