IRonMaN
Level 15
12-29-2023
09:02 AM
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The new owners pay nothing for the sale of the stock - the previous owners are responsible for reporting any gain and paying the tax. As far as the new owners paying tax for corporate earnings for the first part of the year, they are out of luck unless there was something in the sales agreement that stated that the old owners were going to reimburse the corporation for taxes for that period of time.
Slava Ukraini!