21/01/2014· Ritchie Bros. sells more used equipment than any other company, including construction equipment, farm equipment, machinery and much more. We conduct hundreds of unreserved public auctions each year, selling billions of dollars of heavy equipment and trucks for companies of all sizes; we also operate a secure online marketplace called Ritchie
Get Price07/02/2019· Your gain on the sale would be the extra $20,000. The IRS would tax your profit from the sale of business assets under capital gains rules. If you owned the equipment for one year or less, they will charge your regular income tax rate on the gain. If you owned the equipment for over a year, you owe the long-term capital gains rate, which will
Get Price11. "AS IS" CONDITION OF EQUIPMENT: Seller makes no warranties unto Buyer for the sale of the equipment and all equipment described herein is sold in its "as is" condition. 12. DEFAULT BY BUYER: Time is of the essence under this agreement and any of the following events shall constitute defaults on the part of Buyer hereunder:
Get Price02/07/2021· The company sold $11.22 billion worth of heavy machinery in 2019, commanding a 5.5 per cent market share of the global construction equipment. In 2019, & Company was listed 97th in the Fortune 500 America's ranking. The company employs about 67,000 workers, of which half are in the U.S. and Canada. 4. XCMG
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Get Price07/02/2019· Your gain on the sale would be the extra $20,000. The IRS would tax your profit from the sale of business assets under capital gains rules. If you owned the equipment for one year or less, they will charge your regular income tax rate on the gain. If you owned the equipment for over a year, you owe the long-term capital gains rate, which will
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