Amendment status not verified — confirm the current text below against the official source.
mere the ownership of the profession, trade, calling, or employment Rewvemof of an asscssee liablc to pay tax is transferred, any tax, penalty or intctest ~ ~ 8 " d ~ $ 1 i o r ~ ~ other amount payable under this Act in rrspmt of such business and main- mc. of ing unpaid at the time of transfer m'ay, without prejudice to any aclion that EmPlOycr may be taken for its recovery from ihe transferor, be recoverable from the transferee as if, be were the assessee liable t o pay such tax, penalty or interect or other amount. - P ~ u c i i o n