[IMGCAP(1)]Acquisition transactions come in all shapes and sizes. Some take place at seemingly breakneck speed, while others are the result of months of thoughtful planning.

While tax concerns can often take a back seat to business considerations during these transactions, ignoring state and local tax issues during the due diligence process is a recipe for unnecessary, and oftentimes expensive, problems. A prudent buyer would do well to give state tax its proper place at the due diligence table.

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