If a company that was not tax exempt is in receivership and the company that takes over the non tax exempt company is tax exempt and the tax...

Question

If a company that was not tax exempt is in receivership and the company that takes over the non tax exempt company is tax exempt and the tax exempt company is paying our invoice, does their tax exempt status follow them and my company should accept payment without sales tax?

Answer

I have no idea. The best thing to do is talk to a tax attorney about this.