When selling my privately owned company to my employees, do I have to charge interest on the sale?
Asked on 9/14/13, 4:58 pm
1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys
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Interest on what? Do you mean you are financing the sale? If so, interest is not required.
9/15/13, 5:25 pm
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