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<br />bomW From Internal Remus Code
<br />Sec. 6321. Lien For Taxes.
<br />If my parson laete to pay any tax neglects or refuse$ to
<br />pay Bra SIM alter nmerr0, the amount (including any htW.
<br />OK addlNsosi amount, addition to tax, or sumable penaNy,
<br />OWO *181 any MM eat may Kura In addition thereto)
<br />00 be a Ian M fever of we tMW State upon an property
<br />end right to Initially. whooer real or personal, belonging
<br />to so pvmn
<br />Sec. 6322. Period Of Lien,
<br />lhrtem anatirer dab Is IpKNkaNy fixed by law, the lion
<br />fmposed by NOW OKI $half ante at the time the se"I smelt
<br />IS note and Nall con inw until the lability for the amount so
<br />named (or a )trdgtttenf against the taxpayer arising out of
<br />such 1WIRy) Is satisfied or become unenforceable by reason
<br />of lase N time.
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />(a) PurdlieWs, Holders Of Searity In•
<br />tereete, Mechenic'e Llenors, And Judgmt
<br />UN Creditors. — The lion Imposed by Section 8321 shall
<br />net be vaNd m against any purchaser, holder of a security
<br />MWIK meanank'$ limor, or judgment Ilan creditor until notice
<br />#Woof which meets the requirements of subsection (U has
<br />been Sled by fed Secretary.
<br />m Place For Filling Nola; Form:
<br />(1) Place For Filing - The notice referred to in sub -
<br />sachem (a) shall be filed -
<br />(A) UrMa State Laws
<br />(1) Real Property • In the case of real property. in one
<br />office within the State (or the county, or other governmental
<br />subdlvblo(y, as designated by the laws of such State. In
<br />wWthe 9110 ty'wbject to the lien is situated: and
<br />(it) Personal Property - In the case of personal
<br />P(DWY. whether tangible or intangible, in on# office
<br />within the State (or the county, or other governmental
<br />subdivision), as designated by the laws of such State,
<br />In which Ina property subject to the lien is situated.
<br />or
<br />(9) With Clerk Of District Court - In the off,ce of the clerk of
<br />the United States district court for the ludlcral district in which
<br />the property subject to lien is situated, whenever the State has
<br />Ten bylawdesignated one office which meets there$;;.: ,,s of
<br />subparagraph (A). or
<br />(C) With Recorder Of Deeds Of The District 01 Calurnb
<br />the affix at tic Recorder of Dads of the District of Columba f
<br />the Property subject to the lien a S.N.11i1,, ,n •,.• D
<br />Columbia
<br />(2) Site Of Property Sub" To LIN • For WPM of
<br />paragraphs if) and (4), property shall be deemed to be situated -
<br />(A) kw PF"" • In the cm of to pmptrty, at m
<br />physical bdgbn; or
<br />(8) Personal property - in the ease N personal property,
<br />whether tanolble or Intwplble, it the hesitance of the
<br />taxpayN at the time the nano of hen Is file.
<br />For purposes of paragraph (2) (•). Be rmlNnce N a corporation
<br />or partnership shall be deems to be IM place at which the
<br />Principal executive offlas of we business Is located, and ON
<br />rssiden0e of a taxpayer whole residence Is without the United
<br />State anal) be deemed to be Mere District of Columbia.
<br />(3) Form The form and content of the notice
<br />referred to In subsection (a) shall be prowled by ilm
<br />Secretary. Such notice shall be valid notealthstandilg any
<br />other provision of law regarding the form or content of a
<br />notice of lien.
<br />Note: See section 6323(b) for protection for
<br />certain interests even though notice of Ilen
<br />Imposed by section 6321 Is filed with respect
<br />to:
<br />1. Securities
<br />2. Motor vehicles
<br />3. Personal property purchased at retail
<br />4. Personal property purchased In casual sale
<br />5. Personal property sui4ected to possessory lien
<br />0. Real property tax and &Will assessment liens
<br />I. Residential property subject to a mechanic's
<br />Ilan for cerialn repairs and improvements
<br />e. Aftaney'e lien
<br />9. Certain Insurance contracts
<br />10. Passbook loans
<br />(o) Refilling Of Notice. — For purposes of this
<br />section -
<br />(i) General Rule. — unless notice of lion is felled In
<br />the manner prescribed in paragraph (2) during the required
<br />refiling period, such notice of lien shall be treated as filed on the
<br />date Ovwhlch It is filed On accordance with subsection (p) after
<br />the expiration of such rolling period
<br />(,21 Place For Filing. — A notice of uen refried
<br />during Inc required refilling period shall be effective only -
<br />rA) If .
<br />(ij such notice of lien is refried in the office in soh,Ch the
<br />prior notice of lien was :tied. and
<br />bif in the case of real property . the fact of relhng is
<br />entered and recorded in an index to the extern reawred by
<br />subsettron It) 14). and
<br />,8', :n any case m wh,cr,, 90 days or more pnor to the date
<br />of a rehhng of route of lien under subparagraph (A). the
<br />Sim" romlwa wMt1x1' woo"" (a the mom)sr
<br />prescribed M regulations Issued by ON Seersbry)
<br />eon"i a d" M tie faxiewo reslance, R a raw
<br />of wain It" In Nero "led buadsmawlm#ubasallon M In
<br />the Stab In which such rpasoce Is acebd.
<br />(3) Rail" no" Petded. — in tea son
<br />of any noes of Ian, the term "required rNNMg period" mopes -
<br />(A) the ohe•ynr period Mating 30 day# after the expiration
<br />of 8 years after ON dab of the sun~ of the tan, end
<br />(e) theohe •yerpanod"gwhhMsexplM"ofSyaro
<br />after the close N the preceding rpufred rNNnq period for
<br />such notice of lien.
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Release Of LIN. — su*ct to such
<br />regulations as the Secretary may proscribe, the Secretary shall
<br />Issue a certificate of release of any Ian Imposed with respect to
<br />any inf-
<br />ernal revenue tax not later than 30 days after the day on
<br />which
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />finds that the liability for the amount ass rsud, together with all
<br />Interest In respect thereof, has boon fully satisfied or has
<br />become legally unenforceable: or
<br />(2) Bond Accepted- There It furnished to the Secretary and
<br />accepted by him a bond that Is conditioned upon the payment of
<br />the amount aslesed, together with all Interest In respect
<br />thereof, whbin the time prescribed by law (including any
<br />extension of such time), and that is in accordance with such
<br />requirements relating to terms, Conditions, and form of the bond
<br />and sureties thereon, as may be specified by won regulations.
<br />Sec. 6103, Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />(k) DltdfWtt of Certain Returns end
<br />Return Information For Tax Administration
<br />Purposm -
<br />(2) Disclosure of amount of outstanding lien. -It a notice of
<br />lien has been filed pursuant to section 6323(1). the amount 01 the
<br />outstanding obligation secured by such lien may be disclosed to
<br />any person who lumishes satisfactory written evidence that he
<br />has a light in the property subject to such lien or intends to
<br />Obtain a rignl m such propety
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<br />(2) Site Of Property Sub" To LIN • For WPM of
<br />paragraphs if) and (4), property shall be deemed to be situated -
<br />(A) kw PF"" • In the cm of to pmptrty, at m
<br />physical bdgbn; or
<br />(8) Personal property - in the ease N personal property,
<br />whether tanolble or Intwplble, it the hesitance of the
<br />taxpayN at the time the nano of hen Is file.
<br />For purposes of paragraph (2) (•). Be rmlNnce N a corporation
<br />or partnership shall be deems to be IM place at which the
<br />Principal executive offlas of we business Is located, and ON
<br />rssiden0e of a taxpayer whole residence Is without the United
<br />State anal) be deemed to be Mere District of Columbia.
<br />(3) Form The form and content of the notice
<br />referred to In subsection (a) shall be prowled by ilm
<br />Secretary. Such notice shall be valid notealthstandilg any
<br />other provision of law regarding the form or content of a
<br />notice of lien.
<br />Note: See section 6323(b) for protection for
<br />certain interests even though notice of Ilen
<br />Imposed by section 6321 Is filed with respect
<br />to:
<br />1. Securities
<br />2. Motor vehicles
<br />3. Personal property purchased at retail
<br />4. Personal property purchased In casual sale
<br />5. Personal property sui4ected to possessory lien
<br />0. Real property tax and &Will assessment liens
<br />I. Residential property subject to a mechanic's
<br />Ilan for cerialn repairs and improvements
<br />e. Aftaney'e lien
<br />9. Certain Insurance contracts
<br />10. Passbook loans
<br />(o) Refilling Of Notice. — For purposes of this
<br />section -
<br />(i) General Rule. — unless notice of lion is felled In
<br />the manner prescribed in paragraph (2) during the required
<br />refiling period, such notice of lien shall be treated as filed on the
<br />date Ovwhlch It is filed On accordance with subsection (p) after
<br />the expiration of such rolling period
<br />(,21 Place For Filing. — A notice of uen refried
<br />during Inc required refilling period shall be effective only -
<br />rA) If .
<br />(ij such notice of lien is refried in the office in soh,Ch the
<br />prior notice of lien was :tied. and
<br />bif in the case of real property . the fact of relhng is
<br />entered and recorded in an index to the extern reawred by
<br />subsettron It) 14). and
<br />,8', :n any case m wh,cr,, 90 days or more pnor to the date
<br />of a rehhng of route of lien under subparagraph (A). the
<br />Sim" romlwa wMt1x1' woo"" (a the mom)sr
<br />prescribed M regulations Issued by ON Seersbry)
<br />eon"i a d" M tie faxiewo reslance, R a raw
<br />of wain It" In Nero "led buadsmawlm#ubasallon M In
<br />the Stab In which such rpasoce Is acebd.
<br />(3) Rail" no" Petded. — in tea son
<br />of any noes of Ian, the term "required rNNMg period" mopes -
<br />(A) the ohe•ynr period Mating 30 day# after the expiration
<br />of 8 years after ON dab of the sun~ of the tan, end
<br />(e) theohe •yerpanod"gwhhMsexplM"ofSyaro
<br />after the close N the preceding rpufred rNNnq period for
<br />such notice of lien.
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Release Of LIN. — su*ct to such
<br />regulations as the Secretary may proscribe, the Secretary shall
<br />Issue a certificate of release of any Ian Imposed with respect to
<br />any inf-
<br />ernal revenue tax not later than 30 days after the day on
<br />which
<br />(1) Liability Satisfied or Unenforceable - The Secretary
<br />finds that the liability for the amount ass rsud, together with all
<br />Interest In respect thereof, has boon fully satisfied or has
<br />become legally unenforceable: or
<br />(2) Bond Accepted- There It furnished to the Secretary and
<br />accepted by him a bond that Is conditioned upon the payment of
<br />the amount aslesed, together with all Interest In respect
<br />thereof, whbin the time prescribed by law (including any
<br />extension of such time), and that is in accordance with such
<br />requirements relating to terms, Conditions, and form of the bond
<br />and sureties thereon, as may be specified by won regulations.
<br />Sec. 6103, Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />(k) DltdfWtt of Certain Returns end
<br />Return Information For Tax Administration
<br />Purposm -
<br />(2) Disclosure of amount of outstanding lien. -It a notice of
<br />lien has been filed pursuant to section 6323(1). the amount 01 the
<br />outstanding obligation secured by such lien may be disclosed to
<br />any person who lumishes satisfactory written evidence that he
<br />has a light in the property subject to such lien or intends to
<br />Obtain a rignl m such propety
<br />in
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