What is NOT a consideration when determining which assets to acquire in a purchase/sale transaction?

In a purchase/sale transaction, the considerations for acquiring assets typically revolve around factors that can impact the value and functionality of the business being purchased. Goodwill and related assets represent intangible benefits that a company may possess, making them a significant consideration as they affect the overall value and goodwill of the business.

Accounts receivable are also vital as they represent outstanding payments from customers that the purchasing company will need to account for in terms of assets and cash flow management. Machinery and equipment are tangible assets crucial for the operation of the business, impacting both the operational capacity and costs after the acquisition.

Corporate tax liabilities, however, while they are an important aspect of the overall financial evaluation of a business, do not directly pertain to the assets being acquired. Corporate tax liabilities represent obligations rather than assets and are more related to the company’s existing financial obligations and future liabilities rather than the tangible and intangible assets involved in the transaction itself. Therefore, they are not a consideration in the same way that the other options are when determining which assets to acquire in a purchase/sale transaction.