Allocation of the Purchase Price in Sales Transactions.

The article focuses on purchase price allocations in line with Section 1060 of the U.S. Internal Revenue Code of 1986. Topics covered include impact of Section 1060 on typical asset purchase transactions, residual method, application of Section 1060 on the sale and acquisition of real property, increases or decreases in purchase price and impact of the Tax Cuts and Jobs Act of 2018.