Under this act, a purchaser of an existing business must notify the Office of Tax and Revenue of the sale and its terms and conditions by certified mail 15 days before taking possession of the business. Failure to comply with this requirement can result in the purchaser being held responsible for the seller’s unpaid tax liability.

For further information contact the Special Investigations Unit at (202) 724-5045 or send a notification of sale to:

Office of Tax and Revenue

PO Box 37559

Washington, DC 20013

Attention: Special Investigations Unit