I currently operate as a sole proprietorship in the state of Minnesota. I’m filing with the state to become an LLC. Do I need to pay sales tax on the property that I sell from myself (sole proprietorship) to the LLC?
I currently operate as a sole proprietorship in the state of Minnesota. I’m filing with the state to become an LLC. Do I need to pay sales tax on the property that I sell from myself (sole proprietorship) to the LLC?
You are not selling, you are transfering.