87106818 - Laserfiche WebLink

Browse

a {3 e 87-- IFrom InNmal Rwenw Code Sec. 6321. Lien For Taxes. H My parma liable to PSY arty tax neglects or refuses to !pay the tame aft demand, the amount (including any iner- ast, additional amount, &Mh n to tea. or amenable penalty. lisp with any gab ghat may accrue In addition Cannella) "I be a ion In favor of the United States upon all property and rights to properly, whether real or personal, belonging to rim person. Sec. 6322. Period Of Lien. UMese MNhu dab is specifically fixed by law, tan Inn fmIll by $Mien 6321 shall elm at the time the sase$mant Is mean and omit continue until the liability for the amount m aasawed (or a judgment against the taxpayer &rising out of such it W") Is satisfied or becomes unenforceable by reason of lose of time. Sec. 6323. Validity and Priority Against Certain Persons. (a) Purchadeee's, Holders Of segntilf in- WSIK MedMWe WIM1111, and Judgment Lien CredNWL — The Ilan Imposed by section 6321 shall not be valid as against any purchaser, holder of a security Inhe reschanies Ilenor,orjudgment lien creditor until notice uwsw which mead the requirements of subsection (n has been seed by the Secretary. in Plea For Filing Notice; Form. — (1) Piece For Filing - The notice referred to in sub. No" (a) shall be filed - (A) Under state Laws (f) Mal Property - in the cats of real property, in one office within the State (or the county. or other governmental subdivision), as designated by the laws of such State, in which fan property subject to the lien is situated; and (II) Personal Property • In the case of personal property, whether tangible or intangible, in one office within the State (or the county, or other governmental subdivision), as designated by the laws of such State. In which This property subject to the lien Is situated; or (8) With Clark Of District Court - in the office at the clerk of the United State district court for the judicial district in which tan prop" subject to lien is situated, whenever the State his not by law $signaled one Office which meeti the (equlremems of subparagraph (A). or (C) With Recorder Of Deeds of The District Of Columba - in the office of tan Recorder of Deeds of the District of Columo,a. u the property subject to the hen is situated in In- Didnct of Columbia. F fntergii ale Dneutnent No. �p� 0 8�-- �. r 7 } 7 Gran mer I m r e� (2) Sttue of Property subject To Lein - For purposes of paragraphs (1) and (e), property shall be dashed to be situated - (A) Mal Property - In the case of fast property, at His phy ical location; or (B) Personal Prop" - In tla can of pets" properly, whether tangible or Intangible, at the residnce of the taxpayer at the time tan nonce of lien Is filed. For purposes of paragraph (2) (8), the f"dence of a "nation or partnership Mall be deemed to be tan place at which the principal executive office of the business Is located, and the residence of a taxpayer whom residenn Is without the United States shall be deemed to be In the District of Columbia. (3) Form - The term and Content of the notice referred to in subsection (a) Shall be prescribed by the Secretary. Such notice shag be valid notwithstanding any other provision of law regarding the form or content of ■ notice of Ian. Note: See section 61323(6) for protection for certain interests even though notice of lien imposed by section 6321 is filed with respect to: 1. Securities 2. Motor vehicles 3. Personal property purchased at retail 1. Personal property, purchased In casual sale 5. Personal property oubjecbd to possessory Ion 5. Rut property tax and special &sentment lions 7. Residential property subject to a machanic'i lien for certain repairs and Improvements S. Attorney's Ilene 9. Groin Insurance contracts 10. Passbook loans (a) Refiling of Nolka. — For purposes of this section - m General Ruh. — Unless notice of lien Is Mond In the manner prescribed In paragraph (2) during the (squired refiling period, such notice of Ilan shall be treated as filed on tan date onwhich it Is filed (in accordance with subsection (0) after the expiration of such raffling period. (2) Place For Fiift. — A notice of lien rallied during the required reflling period shall be effective only (A) it - (I) such notice of lien is rallied inthe office In which the prior notice of lien was filed. and (it) In the case of real property. the fact of rattling is entered and recorded In an index to the extent required by SUbeeclion Ili lei. and (D) to any cats In which. 90 days or more prior to the date of a rattling of notice of lien under subparagraph IA), the secretary received N *has kdormaflofl on Ba mwler prescribed In requiatlons "W by the $Wetary) concerning a amp M me toxifews nNeloni H a ages 01 such Ion is also filed in ucvdantlwim suba9mm MIN the Stab in which such raxldMCe Is locale/. m Rat"ked Rell" Period. — In use can of any notice of Ion, the form "repuked reHlbg WIW mew - (A) the one -year period Ong 30 days aft the ezpkadofl of 6 years after ion dab of the ae$esm&rn of fan toss, and (B) tlaoniFymrpalodmdng With ths expiref aflyan after the Close of the precefang required rNNhg prod for such notice of Ion. Sec. 6325. Release Of Lien Or Discharge Of Property. (a) Release Of Lien. — subect to ouch regulations n the Secretary may volurbe, the secretary pall issue a cMI1IWe of rei ue of airy Ion impose/ with flow to any Internal revenue tan not lebr than 30 days altar the day on which - (1) Liability Satisfied or UaMOres" - TM Secretary finds Mat tan liability for the amount ASeeesed, higaidt&r with all Interest in respect Ihervaf, has been fully t VdW or him become legally uneMoraebo; of (2) Bond Accepted -Them lxNrnlNadtothsSantuyAnd accepted by him a bond that Is condldoned upon the payment of the amount amneM, together with all Interval In raped thereof, within the time prose ilkid by law (Indu" any extension of such time), and that Is In accordance with such requirements relating to terms, eandMw, and form of tan dons and surHOs thereon. u may be specified by eadh re0ulatons. Sec. 6103. Confidentiality and Dis- closure of Returns and Return In- formation: Ill) Oledown of Certain Relurtis and Retum Intorntatlon For Taal Adn** noon Purposes. — (2) Disclosure of amount of outstanding lien. -It a notice of lien his been filed pursuant to section 6323(f), the amount of the outstanding obligation secured by such Inn may be disclosed to any person who furnishes satisfactory written evidence that he has a right In the property subject to such lien or Intends to obtain a right In such property. a 71