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Excerpts From Internal Its"nue Code
<br />Sec. 6321. Lien For Taxes.
<br />if my person liable to pay arty on neglecte or refuses to
<br />My the ferns after demand, the amoYM Oncludinp say inter -
<br />eK AVMO W an ouK addition to tax, or assessable penally,
<br />t teaser wnh any cam to MW awes It addition itwero)
<br />"I be a Han in beer of ft urmse states upon all property
<br />and d" to properly. who#W feel or personal. befonpmg
<br />lo eacii person.
<br />Sec. 6371. Period Of Lien.
<br />unless apatite data is speofcally axed by law, the lien
<br />napoa . by session 6321 shall an" at per time the assessment
<br />is atese and shelf commas until the Hahility for the amount so
<br />aeanW (or a iudgmwnt against the taxpayer We" out of
<br />NO Habfbty) Is satisfied or Wonm ueenfawble by reason
<br />of tsipse of tow.
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />W pumhesefasr Hamm Of sec rRp In-
<br />t . Med1 files I.ielbarf, And JtldWMd
<br />Lit" CFWNC e. — The Han imposed by section shall
<br />w be vsd ea apama an purchase". how of a WIPTy
<br />Ytleept, . 11 ferl"S Hanpt, at Fdehem her creditor until "'C"
<br />aweof wfueh in" the repeiremenu 01 subsaetmn R! has
<br />been flip by ate SKrm y
<br />is PIM For FIN tittles; Form:
<br />,ii ft" Far, Fit.% - The nonce of =_net to ;n 'ti-
<br />(A) shah be filed - _
<br />uU tlW Stale Laws
<br />iD Rte Pro" - In the case of rear, property. one
<br />olfaY w:fhm me $aplm [he r¢uny G�aL *M gtvatmentai
<br />toeatrT%m' as designated by the z of sun State. In
<br />when era property sublW IC me 'W. ".s torasec. and
<br />14) I'V101,111. ProR.Ty -. L. me or _rtRnai
<br />arop"a wbetter, tang' a or :intL't[•-t tape ott a
<br />wthen and State �br the ca;.:^.ly. a• bt!2r ;scrams: a
<br />wedn,sron!. as oestg elm by tee =a+s cr such Stare
<br />:h which the mope" "Dec' to 1- .t : sa8;
<br />W
<br />(e) 0.0 crux of Dwi 1 oft n '• ce to l..
<br />the ii:hc Star's v"tt..• churl to . e .sac Z a: C !':j 7
<br />.'of by law det�gnattd Ont afi:ce w, c ^rrt :-z• - _
<br />fi,bparspraph uk 5T
<br />!Ct Wnh Recoree• .n. Ohms
<br />tr a"-of the F—W of hemsor r. e7.sv.,? C._ -.
<br />me troprty tubltct to the ',tn -: t_att...-
<br />corg aa.
<br />W Shea Of Property suojan To Lien - For purposes of
<br />paragraphs 11) and (41, property shelf be deemed to be stated -
<br />(A) PAN Property - In the use of real property. at Ito
<br />- - physical foeaaow or
<br />(e) PeteaW Property, - In the rah of personal property,
<br />edeffe w Ust!01bfa or intangible, at the rasidence of the
<br />taxpayer at the time the notice of Hat Is filed.
<br />Forperposetefperpreph W (e).tltaraeldrtce Mhcarporadon
<br />or ttseetersirile she be deeneed to be the place at which the
<br />principal exKUtln office of ma business is located, and the
<br />residence of a taxpayer el o essidance rs without the Unnsd
<br />States stag be deemed to be in the District of Columbia.
<br />es Form - The form sod domedt of the notice
<br />refined to m subsection ta) shall) be prescribed by the
<br />Secretary. Such strip shall be vaild notwithstanding any
<br />sew provision of law regarding the form or content of a
<br />soup of liar
<br />NOW See section 6323(b) for protection for
<br />certain interests even though notice of lien
<br />imposed by section 6321 is filed with respect
<br />to:
<br />1. securities
<br />2. Moor vehicles
<br />a Personal property purchased at retail
<br />a. Personal property purchased in casual sale
<br />S. Feratnal properly sublacted to possessory lien
<br />e. Peal property tea and special umsmMt bens
<br />7 Residerdat property subsea to a ruechanrc s
<br />own for certain. repairs and improvements
<br />6. Attorney's two
<br />9- :'seam insurance contiLts
<br />ta. Past -: tea s
<br />v Refiing Of notice. — car purptses of this
<br />etc;ns -
<br />n� GerteraiRuk .— ur!tssnm�cest!:e ^�srefoldin
<br />the manner prexnbm �n paradrapn 2= d.:' -. the reruired
<br />mfi:irgpentdnc ntARa'ausru xtrewedas filed onthe
<br />tarts.- .wh:Crrt aft"
<br />the erplrabeh of sue^ reta,ns prix
<br />a Pisee For Filing. — = _ ce a, ::e. ''hoed
<br />IUCI nol3l, T!:E -'s x .n ,;tt,ce . which the
<br />.
<br />not se r -r r,e� was rec a1c
<br />Be a ^er. _� a - ._, ._ - _x:- , -_ a by
<br />a a.e „tars care
<br />c' a re' 4 C! e v e - ... .i;. the
<br />a
<br />sacra" naivell writpn Information (In the monster
<br />praulbed in regulations Issued by the SetaaUry)
<br />concern" a c!" to the taxpayMs residam, if a noaa
<br />of such ilen Is also Htad InaccoMance whet eabuction (1) in
<br />the State In sdtich such rseldecee Is losatad.
<br />to Ragtdnd R:!'jN Ihriod — la the car
<br />of any notice of Dse. tftetmn' .q yeHHnp period' mum -
<br />(A) the one-year period ending 30 days aft the expiration
<br />Of 6 years after the date of the assessment of the tax. and
<br />(e) theone- yearperiod ending withtMexpfraHOn offlyears
<br />after the clop of the precedes required rWhip period for
<br />suchhoUsUish.,- - . .
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Relate Of Lim — subject to such
<br />regulations as the Sedrtuy may prescribe, the Secretary shall
<br />Issue a certificate of release of arty lien imposed with respect to
<br />any internal menus tax not Ater Nan M days attar the day an
<br />which -
<br />(1) liability Satisfied or Unenforceable - The Secretary
<br />findsthetthe liabillry forthe emotxtt esseseed, together with all
<br />(merest in roped thereof, has been fully satisfied or has
<br />became legally unenforceable: or
<br />(2) Bond Accepted -There is furnished to the Secretary and
<br />accepted by him a bond that is Conditioned upon the payment at
<br />the amount assessed, togemec with all interest in respect
<br />thereof, within me tome prescribed by law (including any
<br />extension of such time), and that is in accordance with such
<br />requirements relating to terms, condition. and form of the bond
<br />and sureties thereon, as may be specified by such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />al Diseloeure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes. —
<br />di '�+scicsare of amours; of atstane:n ^,Ilea - If a noire of
<br />yen has been /!led pursuart to seduan 63nfl. the amount of the
<br />0lstal...c ..'.y at z' se_�e.'. b y s -_. be tl�tclaSed to
<br />any person who fum!shes satisfactory written evidence that oe
<br />has a : ht , he ^napery subject t• s ,- ; :en or mtendt to
<br />obta_n a ngt: is such Drapery
<br />0
<br />nrer a 3ect intent
<br />L� p
<br />.�.
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<br />P7 t' h1i9- 35 eeeaaa
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<br />Excerpts From Internal Its"nue Code
<br />Sec. 6321. Lien For Taxes.
<br />if my person liable to pay arty on neglecte or refuses to
<br />My the ferns after demand, the amoYM Oncludinp say inter -
<br />eK AVMO W an ouK addition to tax, or assessable penally,
<br />t teaser wnh any cam to MW awes It addition itwero)
<br />"I be a Han in beer of ft urmse states upon all property
<br />and d" to properly. who#W feel or personal. befonpmg
<br />lo eacii person.
<br />Sec. 6371. Period Of Lien.
<br />unless apatite data is speofcally axed by law, the lien
<br />napoa . by session 6321 shall an" at per time the assessment
<br />is atese and shelf commas until the Hahility for the amount so
<br />aeanW (or a iudgmwnt against the taxpayer We" out of
<br />NO Habfbty) Is satisfied or Wonm ueenfawble by reason
<br />of tsipse of tow.
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />W pumhesefasr Hamm Of sec rRp In-
<br />t . Med1 files I.ielbarf, And JtldWMd
<br />Lit" CFWNC e. — The Han imposed by section shall
<br />w be vsd ea apama an purchase". how of a WIPTy
<br />Ytleept, . 11 ferl"S Hanpt, at Fdehem her creditor until "'C"
<br />aweof wfueh in" the repeiremenu 01 subsaetmn R! has
<br />been flip by ate SKrm y
<br />is PIM For FIN tittles; Form:
<br />,ii ft" Far, Fit.% - The nonce of =_net to ;n 'ti-
<br />(A) shah be filed - _
<br />uU tlW Stale Laws
<br />iD Rte Pro" - In the case of rear, property. one
<br />olfaY w:fhm me $aplm [he r¢uny G�aL *M gtvatmentai
<br />toeatrT%m' as designated by the z of sun State. In
<br />when era property sublW IC me 'W. ".s torasec. and
<br />14) I'V101,111. ProR.Ty -. L. me or _rtRnai
<br />arop"a wbetter, tang' a or :intL't[•-t tape ott a
<br />wthen and State �br the ca;.:^.ly. a• bt!2r ;scrams: a
<br />wedn,sron!. as oestg elm by tee =a+s cr such Stare
<br />:h which the mope" "Dec' to 1- .t : sa8;
<br />W
<br />(e) 0.0 crux of Dwi 1 oft n '• ce to l..
<br />the ii:hc Star's v"tt..• churl to . e .sac Z a: C !':j 7
<br />.'of by law det�gnattd Ont afi:ce w, c ^rrt :-z• - _
<br />fi,bparspraph uk 5T
<br />!Ct Wnh Recoree• .n. Ohms
<br />tr a"-of the F—W of hemsor r. e7.sv.,? C._ -.
<br />me troprty tubltct to the ',tn -: t_att...-
<br />corg aa.
<br />W Shea Of Property suojan To Lien - For purposes of
<br />paragraphs 11) and (41, property shelf be deemed to be stated -
<br />(A) PAN Property - In the use of real property. at Ito
<br />- - physical foeaaow or
<br />(e) PeteaW Property, - In the rah of personal property,
<br />edeffe w Ust!01bfa or intangible, at the rasidence of the
<br />taxpayer at the time the notice of Hat Is filed.
<br />Forperposetefperpreph W (e).tltaraeldrtce Mhcarporadon
<br />or ttseetersirile she be deeneed to be the place at which the
<br />principal exKUtln office of ma business is located, and the
<br />residence of a taxpayer el o essidance rs without the Unnsd
<br />States stag be deemed to be in the District of Columbia.
<br />es Form - The form sod domedt of the notice
<br />refined to m subsection ta) shall) be prescribed by the
<br />Secretary. Such strip shall be vaild notwithstanding any
<br />sew provision of law regarding the form or content of a
<br />soup of liar
<br />NOW See section 6323(b) for protection for
<br />certain interests even though notice of lien
<br />imposed by section 6321 is filed with respect
<br />to:
<br />1. securities
<br />2. Moor vehicles
<br />a Personal property purchased at retail
<br />a. Personal property purchased in casual sale
<br />S. Feratnal properly sublacted to possessory lien
<br />e. Peal property tea and special umsmMt bens
<br />7 Residerdat property subsea to a ruechanrc s
<br />own for certain. repairs and improvements
<br />6. Attorney's two
<br />9- :'seam insurance contiLts
<br />ta. Past -: tea s
<br />v Refiing Of notice. — car purptses of this
<br />etc;ns -
<br />n� GerteraiRuk .— ur!tssnm�cest!:e ^�srefoldin
<br />the manner prexnbm �n paradrapn 2= d.:' -. the reruired
<br />mfi:irgpentdnc ntARa'ausru xtrewedas filed onthe
<br />tarts.- .wh:Crrt aft"
<br />the erplrabeh of sue^ reta,ns prix
<br />a Pisee For Filing. — = _ ce a, ::e. ''hoed
<br />IUCI nol3l, T!:E -'s x .n ,;tt,ce . which the
<br />.
<br />not se r -r r,e� was rec a1c
<br />Be a ^er. _� a - ._, ._ - _x:- , -_ a by
<br />a a.e „tars care
<br />c' a re' 4 C! e v e - ... .i;. the
<br />a
<br />sacra" naivell writpn Information (In the monster
<br />praulbed in regulations Issued by the SetaaUry)
<br />concern" a c!" to the taxpayMs residam, if a noaa
<br />of such ilen Is also Htad InaccoMance whet eabuction (1) in
<br />the State In sdtich such rseldecee Is losatad.
<br />to Ragtdnd R:!'jN Ihriod — la the car
<br />of any notice of Dse. tftetmn' .q yeHHnp period' mum -
<br />(A) the one-year period ending 30 days aft the expiration
<br />Of 6 years after the date of the assessment of the tax. and
<br />(e) theone- yearperiod ending withtMexpfraHOn offlyears
<br />after the clop of the precedes required rWhip period for
<br />suchhoUsUish.,- - . .
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Relate Of Lim — subject to such
<br />regulations as the Sedrtuy may prescribe, the Secretary shall
<br />Issue a certificate of release of arty lien imposed with respect to
<br />any internal menus tax not Ater Nan M days attar the day an
<br />which -
<br />(1) liability Satisfied or Unenforceable - The Secretary
<br />findsthetthe liabillry forthe emotxtt esseseed, together with all
<br />(merest in roped thereof, has been fully satisfied or has
<br />became legally unenforceable: or
<br />(2) Bond Accepted -There is furnished to the Secretary and
<br />accepted by him a bond that is Conditioned upon the payment at
<br />the amount assessed, togemec with all interest in respect
<br />thereof, within me tome prescribed by law (including any
<br />extension of such time), and that is in accordance with such
<br />requirements relating to terms, condition. and form of the bond
<br />and sureties thereon, as may be specified by such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />al Diseloeure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes. —
<br />di '�+scicsare of amours; of atstane:n ^,Ilea - If a noire of
<br />yen has been /!led pursuart to seduan 63nfl. the amount of the
<br />0lstal...c ..'.y at z' se_�e.'. b y s -_. be tl�tclaSed to
<br />any person who fum!shes satisfactory written evidence that oe
<br />has a : ht , he ^napery subject t• s ,- ; :en or mtendt to
<br />obta_n a ngt: is such Drapery
<br />0
<br />
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