Michigan Unemployment Insurance Agency RESET FORM 518 Schedule B (Rev. 11-07) UIA Schedule B - Successorship Questionnaire Issued under authority of the Michigan Employment Security Act of 1936, as amended, MCL 421.1 et seq. Filing is mandatory for employers. You must complete all items on this form accurately and completely. Failure to do so may subject you to the penalties provided under the Michigan Employment Security (MES) Act. Attach additional sheets if necessary. Successorship Reporting Requirement. If you acquired any part of the Michigan assets, trade or business of another employer, as defined in Part 3 of this form, by purchase, rental, lease, inheritance, merger, foreclosure, bankruptcy, gift or any other form of transfer, you must provide the following information. If you made multiple acquisitions, you must file a separate UIA Schedule B for each acquisition (photocopies of this form are acceptable). If you made no acquisitions, you are still required to complete this schedule. If subsequent to completing this registration form, you transfer the assets (by sale or transfer), organization (payroll/employees), trade (customers/accounts), or business (products/services), in whole or in part, to a new or previously existing business in Michigan, it is mandatory that you notify this Agency immediately by completing an additional Schedule B. UIA Account Number Federal Employer Identification No. (if already assigned) (required) PART I: QUESTIONS ABOUT PRIOR OR CURRENT BUSINESS FORMATIONS, ACQUISITIONS OR MERGERS For each of the following five business formation, acquisition or merger types, the employer must indicate the pertinent business name, address and UIA Account Number in the space provided. 1. In the past 6 years, you formed, acquired or merged with a business by any means. If not applicable, check box Business Name and Address UIA Account Number a. If you formed a new business, what did you acquire from the previously existing business? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None b. If you purchased, acquired or merged with an existing business by any means (including lease), what assets did you acquire? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None c. What was the business activity of the previous business? 2. At the current time, you are forming, or acquiring, a business by any means. If not applicable, check box Business Name and Address UIA Account Number a. If you formed a new business, what did you acquire from a previously existing business? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None b. If you are purchasing or acquiring an existing business by any means (including by lease), what assets are you acquiring? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None c. Will any owner or owners of the previous business continue to operate or manage the business being registered by this form? Yes No If yes, provide name, title and business address below. d. What was the business activity of the previous business? e. What will be the business activity, if any, of the previous business after the new business being registered is formed? f. What will be the business activity of the new business being registered by this form? |
518 Schedule B, Page 2 PART I: QUESTIONS ABOUT PRIOR OR CURRENT BUSINESS FORMATIONS, ACQUISITIONS OR MERGERS (continued) 3. At the current time, you are incorporating an existing business entity. If not applicable, check box Business Name and Address UIA Account Number a. What was the business activity of the business entity you are incorporating? b. What will be the business activity of the new business being registered by this form? 4. At the current time, you are merging, by any means, with one or more business entities. If not applicable, check box Business Name and Address UIA Account Number a. If you are purchasing or acquiring an existing business by merger, what are you acquiring? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None b. If you are forming a new business, what are you acquiring from a previously existing business? (check all that apply) Land Buildings Furniture/Fixtures Equipment Inventory Accounts Receivable Goodwill Employees Trade Customer Accounts None c. Will any owner or owners of the merging business continue to operate or manage the business being registered by this form? Yes No If yes, provide name, title and business address below. d. What was the business activity of the merging business? e. What will be the business activity of the continuing business being registered by this form? 5. You are intending to form a business at a future time, by any means. If not applicable, check box Yes No If yes, please explain: |
518 Schedule B, Page 3 PART II: FORMER OWNER INFORMATION Former Owner's Name Former Owner's UIA Account Number or FEIN, if known. Corporate Name or DBA Area Code & Telephone Number Current Street Address (not a P.O. Box) City, State, ZIP PART III: ACQUISITION INFORMATION What Percent? Date Acquired 1. Did you acquire all, part, or none of the assets of any former business? All Part % None 2. Did you acquire all, part, or none of the organization (employees/payroll/personnel) of any former business? What Percent? Date Acquired a. If all or part, indicate the percent and date acquired. All Part % None b. Did you acquire all or part of the employees/payroll/personnel of any former business by leasing any of those employee/payroll/personnel? Yes No (If yes, provide a copy of your lease agreement) 3. Did you acquire all, part, or none of the trade What Percent? Date Acquired (customers/accounts/clients) of any former business? All Part % None 4. Did you acquire all, part, or none of the former owner's What Percent? Date Acquired Michigan business (products/services) of any former All Part % None business? Month Day Year 5. Was the Michigan business described in 1-4 above being operated at the time of acquisition? If no, enter the date Yes No it ceased operation. 6. Are you conducting/operating the Michigan business you Yes No acquired? 7. Is your Michigan business substantially owned or controlled in any way by the same interests that owned or controlled the organization, business or assets of a Yes No former business? 8. Did you hold any secured interest in any of the Michigan assets acquired? Yes No If yes, enter balance owed $ 9. Enter the reasonable value of the Michigan organization, trade, business or assets acquired? $ Providing inaccurate or incomplete information in this Registration, or UIA Schedules A or B, will be evidence of intentional misrepresentation and may subject you to the civil and/or criminal penalties in Sections 54 and 54b of the Michigan Employment Securities (MES) Act. Print Name of Owner/Officer Signature of Owner/Officer/Authorized Agent Title Telephone Number Date Print Name of Owner/Officer Signature of Owner/Officer/Authorized Agent Title Telephone Number Date Attach this schedule to Form 518, Registration for Michigan Taxes and mail it to the Michigan Department of Treasury. |