For example, you may not know the transferee's federal employer identification number. In this section you should indicate if there is any relationship between the transferor and the transferee. The relationship may be as family members or the transferor and transferee may be owned or controlled by some of the same individuals. The name of the individual should be listed followed by the nature of their relationship and the percent of ownership of both the transferor and transferee. Please attach a separate sheet if more space is needed.
Effective Dates Enter the date the transfer became effective.
This will be the date the transferee has control over the business. Also enter the last day the transferor operated the business and first day the transferee operated it. This section need only be completed by the transferee or new operator. The transferee may check any of the three boxes. If the transferee wishes to elect successor status, they should check the first box.