|
<br />I
<br />
<br />~
<br />
<br />.' ) i ~I:~
<br />\ ~ ~
<br />:--"'-~ ,"--':f ~
<br />'" '\.-. '{''r - '
<br />~ -~, i r:
<br />\", " \- '---
<br />~ \, ~ r-
<br />,<\ .\l'
<br />~~
<br />~\,^
<br />~,'j~
<br />~\
<br />\\'
<br />{' ~.~
<br />
<br />I
<br />
<br />'i
<br />;;g
<br />.2:
<br />iii'
<br />i:i
<br />~
<br />
<br />;,~....,
<br />
<br />
<br />(")
<br />0'
<br />~
<br />
<br />Ellcerptl From Internal Revenue Code
<br />Sec. 6321. Lien For Taxes.
<br />
<br />If any person liable to pay any tax neglects or refuses to
<br />'pay the same after demand. the amount (including any Inter.
<br />lit. additional amount, addliion to tax. or assesuble penalty.
<br />logethar with any costs that may accrue In addition therelo)
<br />allall be a lien In favor of the Unit&<! States upon ell property
<br />and rights to property, whether real or personal, belonging
<br />to lUl:h person.
<br />
<br />Sec. 6322. Period Of Lien.
<br />
<br />Unless InOlher dale Is speeifically fixed by law. Ihe lien
<br />Impos&<! by eectlon 6321 ehall arise al the time Ihe asssssmsnt
<br />II mada and shall conlinua untlllhe liability for the amount so
<br />usemd (or I Judgment against the taxpayer arising out of
<br />such liability) Is satisfied or becomes unenforceable by reason
<br />01 lapse of time.
<br />
<br />Sec, 6323. Validity and Priority Against
<br />Certain Persons.
<br />(I) PUrchuer'l, Holcklrs Of Security In-
<br />t'rtltl, Mechlnlc'l LIIIIOI'I, And Judgment
<br />Lltn CredltOnl, - The lien Impos&<! by section 6321 shall
<br />not be valid .. agalnll any purchaser, holder of I security
<br />Inlarell, mechanic's lienor. or /udgmanlllen creditor unll! notice
<br />t~.areof which meala the requirements of subsection (f) has
<br />bltn III&<! b11he Secretary.
<br />
<br />(f) Plnee For Filing Notice; Form.-
<br />
<br />(1) Place For Filing . The no lice referred to in sub,
<br />section (a) shall be lIIed '
<br />(A) Under State Laws
<br />(I) Real Property. In the case 01 real property. In one
<br />otllce within the State (or the county. or other governmental
<br />SubdlvlaIOn). as designated by the laws 01 such State. In
<br />which the property subjecl to jhe lien is situaled; and
<br />(II) Personal Property . In the case of personal
<br />property. whether langible or Inlangible. In one oHice
<br />within Ihe State (or Ihe county. or other governmental
<br />sulxllvlslon). as deSignated by the laws ot such Slate.
<br />In which the property subject 10 jhe "en is situated;
<br />or
<br />(8) With G,erk Of Oistflct Court. In the oHlce 01 the Clerk of
<br />the United Stales district court lor the I'Jdlclal dlstflCI In which
<br />the property subject 10 lien IS situated. whenever the Sjale has
<br />not by law deSIgnated one ctf.ce whIch meets Ihe "QUlremerls 01
<br />subparagraph (A). or
<br />(C) W,jh Recorder Of Oeeds 01 The OlStflcl 01 COlurno.a In
<br />the office of the Recorder 01 OeedS ollhe OlStflCt 01 COlurno,a ,I
<br />the properly 5uDlact tJ the hen IS sl:uated In 1"'1> D'~lr,c' Of
<br />Columbia
<br />
<br />L
<br />
<br />:!!
<br />it
<br />
<br />[()t~l'I<d t.& 0noJnti!'"t N<'),
<br />
<br />I 88..--. 1 !J '1 1 9 0
<br />Gr3n'ot ~~.
<br />Z ftrMtee~~~_
<br />g ~~' ~ ~urre;i<:21 A/~
<br />(") ~ ,\ I L '" .. ~ .-:,'f, t,) S S
<br />tD G1t:':i":- H.'--LL )
<br />o
<br />- .
<br />;fa liAR II
<br />>C
<br />r-
<br />.....
<br />C'D
<br />:;,
<br />
<br />g.
<br />;;-
<br />
<br />i'
<br />I
<br />I
<br />I
<br />
<br />.....
<br />lJiI
<br />
<br />!!.
<br />
<br />(:/
<br />
<br />/
<br />
<br />~
<br />
<br />a..
<br />ll>
<br />'C
<br />2.
<br />
<br />(2) SlIus Of Property Subject To Lien. For purposas of
<br />paragraphs (t) and (4). property shall be deemed 10 be situat&<!.
<br />(A) Real Property. In the case of real property. at Its
<br />physlcallocalion; or
<br />(e) Personal Property. In the case 01 pellonal property,
<br />whether tangible or intangible, at the ruldellCt of the
<br />taxpayer at the time tha no lice of lien is III&<!.
<br />For purposes of paragraph (2) (8), the realdence of a corporallon
<br />or partnership shall be aeem&<! to be the place at which the
<br />prinCipal executive ofllce of Ihe business Is locat&<!, and the
<br />residence 0' a taxpayer whon residence Is without the Unit&<!
<br />Stltu shall be deemed to be In the District of Columbia.
<br />(3) Form . The 'arm and content 01 the notice
<br />referred 10 '" ,ubsectl~n (a) shall be prescribed by the
<br />Secretary Such notice shall be valid notwlthatandlng any
<br />other provision 01 law regarding Ihe form or content of a
<br />notice 0' lien.
<br />
<br />Note: See section 6323(b) for protection for
<br />certain inte~ests even though notic8 of lien
<br />imposed by section 6321 is filed with respecl
<br />to:
<br />
<br />t Securities
<br />2. Motor vehicles
<br />3. Personal property purc~ased al rltall
<br />4. PerSOnal property purchu&<! In cllua! nla
<br />5. Personal property eub/ect&<! 10 poasallory lien
<br />6. Raal property IIll and apeelll IIl1l1menlllenl
<br />7. Resldenllal property subJect 10 a mechanic'.
<br />lien for certain repalrland Improvemenls
<br />8. Morney's liens
<br />9 Certain Insurance contracts
<br />10. Passbook loans
<br />
<br />(g) Reflllng Of Notice. - For pUlpom of Ihll
<br />section.
<br />
<br />It) General Rule. - Unlm nOlles 01 lien II relilld In
<br />the manner prescribed In paraO'lph (2) dUflng Ihl rlqUired
<br />refiling period. such no lice ot lien shell bt Irtajed II "I&<! on Ihe
<br />date on which it IS "'ed (In acco'dance WIth subsechon 1111 aller
<br />the eXplrallon of Such rellllng pelled
<br />
<br />(2) Place For Filing. - A notice 01 I'en 'e"lS<l
<br />dUflng the required rellllng peried shall be eHecjlve only.
<br />(A) I'.
<br />(IJ suCh notice of lien IS reflted In the office In which the
<br />pflor nOI'ce 0' "en was filed. and
<br />(III '" the case of real property. Ihe fact 01 rel'llng II
<br />entered and recorded In an mdex to Ihe exlent reQulr&t! bv
<br />subsectIon (f; (4). and
<br />,e) In any case In which. 90 days or more pnor 10 the date
<br />01 a re""no 01 not'ce ot lIan under subparagraph 1Ai. Ihe
<br />
<br />L
<br />
<br />!'tV/
<br />
<br />z
<br />p
<br />
<br />l
<br />
<br />MilO
<br />
<br />iJ
<br />26
<br />
<br />c:
<br />::s
<br />I
<br />I
<br />
<br />//(J~
<br />-.--....... "
<br />--...~~'-'. ~..,.J
<br />
<br />Pl~{-:. nF nFFn<:;
<br />
<br />Secretary recelv&<! wrlnen Intormatlon (In the mlMer
<br />prescribed In regula lions Issued by the Secllltary)
<br />concerning a chan-~a In the taxpayerl relldence. II a notice
<br />ot such lien Is also iliad In accordance with aubllctlon (f) In
<br />the State In which luch relldence It located.
<br />
<br />(3) Required ReflUng Period, - In tht Cll.
<br />of any notice of lien, the tarm "raqulr&<! raflll~ period" meanD .
<br />(A) the one-year period ending 30 da)'I Iller the uplrltlon
<br />018 YOlrs efler the date of the alSUlm,nt olthl tax, and
<br />(8) tha one'yaar period ending with tha explrltlon 018yelFl
<br />afler tha clou 01 the pracedJng requlrsd rallllng perfOd lor
<br />such notice of lien.
<br />
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property,
<br />
<br />(a) Rele... Of Lltn, - SUbJect to IUCIl
<br />r~ulations II the Secretary msy prelcrlbe. the Secr'laIy Ihlll
<br />Issue a certlllcate of release of any lien !mpolld with raapect 10
<br />an11nternal revanua till not later IMn 30 dlYI liter 1M dly on
<br />which,
<br />(I) L1eblllty Sallsll&<! or Unenlorceable . The Secrltlry
<br />find I thaI the liability h.~ ,~;; Imountlllell&<!, tOClthar with all
<br />interSSI In respect thertol, hIS been lully utllfled or hIS
<br />become I~ally ulllnforceable; or
<br />(2) Bond AccIPlad . Thera la furnlahed 10 tho Secratlry Ind
<br />IccepI&<! by him a bond thlt la condition&<! upon the payment of
<br />the amount IIUII&<!. togathar with all Interllt In relpect
<br />thereof, within the time prucrlbed by law (Including any
<br />extenllon of such time), end that la In accordance with luch
<br />rlqulremlnll relallng to term I, condltlona, and lorm ot the tIond
<br />Ind IUIIIl.. thareon. II mlY be Speelll&<! by such regulatlonl.
<br />
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />(kl DlaclOlure of Certeln Retuml and
<br />R.tum In'ormetlon For To Adminlltretlon
<br />PUrpolU. -
<br />
<br />121 DISClosure 01 amount Of outslanding lien. .If a notice of
<br />I,en has been filed pursuant to section 6323(0. the amount of the
<br />outstanding obllgltlon lecur&<! by such "en mlt be dlsclol&<! to
<br />any person Who furniShes satisfactory writlen aVldance that he
<br />hu a fight In the property subject 10 suCh lien or Intends to
<br />obtain a fight In such property.
<br />
<br />-.J
<br />
|