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BUSINESS TRANSFEROR’S NOTICE DEPARTMENT OF TALENT …

BUSINESS TRANSFEROR S NOTICE TO TRANSFEREE OF UNEMPLOYMENTTAX LIABILITY AND RATER egardless of any agreement between the parties to the transfer, the Michigan Employment Security (MES) Act provides that when a BUSINESS is sold (or otherwise transferred), the buyer (or other transferee) of the BUSINESS may be liable to pay the unpaid unemployment taxes and interest, and may receive the unemployment tax rate, penalty, and the benefit charges of the seller (or other transferor).*The law requires the transferor of a BUSINESS , or the transferor s real estate broker or other agent or attorney, to complete and deliver this form to the transferee of the BUSINESS .

BUSINESS TRANSFEROR’S NOTICE TO TRANSFEREE OF UNEMPLOYMENT TAX LIABILITY AND RATE Regardless of any agreement between the parties to the transfer,

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