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EPGD Business Law
![Eric Gros-Dubois](https://www.epgdlaw.com/wp-content/uploads/2023/02/897683fd4e367e872a984f0ca852a1ac.jpeg)
What is a Tax Clearance Letter & what is the Purpose?
A potential buyer should obtain a businesses’ tax clearance letter. If a buyer fails to conduct its due diligence on the tax side of the business, he or she could be on the hook for any taxes owed by the seller.