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<br />Excerpts From internal Revenue Code
<br />Sec 6321. Lien For Taxes.
<br />_ II any ^,c: suit !table to pay any tax neglects o, ,trusts to
<br />Day the "', after demand the amount including any inter
<br />.self ddo,trotrdl amount addti on to Ia., or assessable penally .
<br />to'!hei .,In any costs that may accrue in addmon lhaetm
<br />Ynal' be A ::en ,n faY(ff of the United States upon all property
<br />ark rights W p,'"'IV whether real or oersonal belonging
<br />to such 91,1501
<br />Sec 6322. Period Of Lien.
<br />Unless another safe is spedhcally fixed by raw the hen
<br />impose! by section 6(21 shall a,ise at me time the d55e55menT
<br />is made and sh"n rant:nut Wnbi. the haDluty tot the amount so
<br />assessed fora judgment against me !axDayer arising out of
<br />such hat !V. 1 satisfied re mc.mes ahthlo'ceable by reason
<br />0111 pi o, lane
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />,if Purchasor's, Holders Of Security in-
<br />terests. Mechanlc's Uenors. And Judgment
<br />i s" Creditors. — the nth:moosed py sect'a 6321 Shari
<br />ffot be valid as aga'.nsl any purchase, holder or a SK-1,
<br />,nlli mechanic s bend, or ; uogmem htncrecdor untitnooce
<br />Ityfeof wmcn meets :he 'M."'ern"Is e! subsection. 1,p nas
<br />been filed b'y the Secretary
<br />In Place For Filing Notice: Form. —
<br />In place Fo, Fdmg The nonce referred to m sub
<br />aKhrin fa, shall per tiled
<br />iAI under Stale laws
<br />U) Real property In the case of real property in one
<br />ch6e tact, mestate fo, mecouuly or other goyernmtntai
<br />subtfir, l 1. as designated by me 1..$ 91 such Slate. .n
<br />which set properly sbbtecl to me lien Is situated. and
<br />III) PetsoOal Properly In the case of personal
<br />properly whether fanglDl! pr inidng,ble in one office
<br />witMn the State IDr ine county or other govNnmenlal
<br />SU ivisloni as designated by the laws of such Stale
<br />m wroth the property sublett to the hen 'T situated
<br />or
<br />let.w,eh Clerk Of District Courl In the office of Ina clerii or
<br />_
<br />this UUdld States d.striCl court for he judicial dlSlncl in anon
<br />tM properly subject I011en Is stualed wneni ver he Stale has
<br />Ml by law designated one office wmcn meets me r eQwrxmwhjS o1
<br />subparagraph IAl or
<br />ICI With Record,, 01 Deeps 01 The Dntncl Of Columba in
<br />Ira nl6ct of the Rero,der of Deeds of the D :SI i 1 or ('olumbia .I
<br />!lie properly subject 10 the !,to rs stualed in ine District
<br />Columbia
<br />7
<br />Ente3rod as Docuirwt, ii4r-
<br />II 86--- 1)', 3 ? IS
<br />r21 S IIA Of Prdoerry Subject to c:en For ou,poses of
<br />paragraphs'': and ,a, property snag: 2e deemed to ce snualea
<br />,AI Rtal Property - In the case or real property at 1,3
<br />D6YSical location or
<br />rB1 Personal Property in the case of personal property
<br />whether !angibte or :nlangrok at the residence of the
<br />taxpayer at the Ilme the notice of lien is li ed
<br />For put poses at paragraph 12112; meresidenceofacorporafron
<br />or partnership shall be deemed to ^e in, place at wmcn the
<br />prmctpa; executive dtnce of the Dress is located and the
<br />residence of a ta.oaver whose residence is without Ire Undea
<br />States shall be deemed to be in the D61nc: at Columba
<br />:3, Form The form ano content of the nonce
<br />+efevea to .h subsection ia, shad be prescribed by !lie
<br />secfelary Sucn robot shall " and notwtnslan0inq any
<br />nine' a v'S:Gr 1,r 'raw reQa,C,r,g !lie 1crm o• - intent Jr 2
<br />nonce Jr1`l•Cn
<br />Us: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />, Securities
<br />Motor veh ides
<br />3 Personal property purchased at refan
<br />A Personal Droperty purchased In casual sale
<br />Personal property subjected to possessory lien
<br />^ Peai property tax and special assessment liens
<br />Residential property subject to mechanics
<br />'.ten for CerlajC repair$ and improvements
<br />2 Attorney s liens
<br />Certain, ns'Jrance cohlracli
<br />'C aaS5D001 .IWns
<br />:gl Refiling 01 Notice. — rc, p pose. of ,his
<br />sic,ron
<br />General Rule. — u,,es, ^litre e' l'en is ref ed
<br />the marine, p.esc,med in paragraph ji pining he 'eQuued
<br />,eftingperwo such nonce of ;,en shat, be heated as filed on the
<br />date on wh.0 It is filed' ,in aQolaahce win sepseUion i,li ifte•
<br />!lie e.p^ "bon n, such ,emmg Perot!
<br />12, Place For Filing. — A nonce of ten retried
<br />during the required firf hq period snail be elfecnve only
<br />1A; II
<br />u: such notice of hen's rohled in the office in which the
<br />pr'0, nonce of hen AS filed and
<br />ine rase or real properly ine 'act n1 iehhny+ 's
<br />entered and ,ecordM in an n6e. !a the e.tenl iequned by
<br />s11,111on '1 a' aril;
<br />i6i in arry ,ash •r. 0i . days Jr mole Boo, to the date
<br />o, a refiring of notice Jt lien ;'rider wniwregrapn IAI, in,
<br />Secre,a,y ,actives wrdleh ,ninimatron I,, ,h, manner
<br />0 escrpect i re91tandn$ issued ; the Secretary,
<br />concermnpachange m,ne!axpayers,es,denit Itanouce
<br />of such lien .5 also Fled in" cc Dred ric a wit h sub wl 11,n
<br />me Stale In which such residence is locateo
<br />131 Required Re ifing Period. — In the cost
<br />of any notice of lien the term re lu red ,elding period means -
<br />,Al Ina one year period end,ng 30 days alte, the expiration
<br />M 6 yea is after the dale at the assessment of the tax. and
<br />IBt the ope'year period ending w,ln the ea D,rdtipn 016ytars
<br />I'll, IM, dose or ine ocred,ng reputed roiling period for
<br />such notice of hen
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />a Release Of lien. — sublKt fn such
<br />regulations as the Sec,e,ary may iryscribe the Seretary still
<br />Issue a Cerld:Cale or -agnSt of any ten imposed waft re'peU to
<br />any internal revenue Id. ^.o! later Than 30 days aver Me day on
<br />wmcn
<br />Or l.ii Sanslmd o: Unenforceable Tne Secretary
<br />finds that the habddy for the amount assessed. logethe, -mall
<br />interest in respect mereof has been fully Wished or has
<br />become legally Unento —able or
<br />r2, Bond Accepted T^.ere is furnished to the Secrelaryand
<br />accepted of, him a bond that is conditioned upon the payment of
<br />me amount assessed !ogelner with all Interest in respect
<br />M inept within !lie time prescribed by law (including any
<br />extension of such I,mei and !hat is it.. accordance with S: h
<br />'egu'remems relating to terms cona'trons 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 />fkl Disclosure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes. —
<br />!2'i Disclosure of amount 01 outstanding hen 11 a notice of
<br />hen. has been filed Pursuant to section 6323111 . me amount of the
<br />outstanding obligation secured by such hen may be disclosed to
<br />any person who furnishes satisfactory written evidente that he
<br />has a rigs! in the property subject to such lien or ,,tends to
<br />obtain a .gnt m such D"nedy
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<br />r21 S IIA Of Prdoerry Subject to c:en For ou,poses of
<br />paragraphs'': and ,a, property snag: 2e deemed to ce snualea
<br />,AI Rtal Property - In the case or real property at 1,3
<br />D6YSical location or
<br />rB1 Personal Property in the case of personal property
<br />whether !angibte or :nlangrok at the residence of the
<br />taxpayer at the Ilme the notice of lien is li ed
<br />For put poses at paragraph 12112; meresidenceofacorporafron
<br />or partnership shall be deemed to ^e in, place at wmcn the
<br />prmctpa; executive dtnce of the Dress is located and the
<br />residence of a ta.oaver whose residence is without Ire Undea
<br />States shall be deemed to be in the D61nc: at Columba
<br />:3, Form The form ano content of the nonce
<br />+efevea to .h subsection ia, shad be prescribed by !lie
<br />secfelary Sucn robot shall " and notwtnslan0inq any
<br />nine' a v'S:Gr 1,r 'raw reQa,C,r,g !lie 1crm o• - intent Jr 2
<br />nonce Jr1`l•Cn
<br />Us: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />, Securities
<br />Motor veh ides
<br />3 Personal property purchased at refan
<br />A Personal Droperty purchased In casual sale
<br />Personal property subjected to possessory lien
<br />^ Peai property tax and special assessment liens
<br />Residential property subject to mechanics
<br />'.ten for CerlajC repair$ and improvements
<br />2 Attorney s liens
<br />Certain, ns'Jrance cohlracli
<br />'C aaS5D001 .IWns
<br />:gl Refiling 01 Notice. — rc, p pose. of ,his
<br />sic,ron
<br />General Rule. — u,,es, ^litre e' l'en is ref ed
<br />the marine, p.esc,med in paragraph ji pining he 'eQuued
<br />,eftingperwo such nonce of ;,en shat, be heated as filed on the
<br />date on wh.0 It is filed' ,in aQolaahce win sepseUion i,li ifte•
<br />!lie e.p^ "bon n, such ,emmg Perot!
<br />12, Place For Filing. — A nonce of ten retried
<br />during the required firf hq period snail be elfecnve only
<br />1A; II
<br />u: such notice of hen's rohled in the office in which the
<br />pr'0, nonce of hen AS filed and
<br />ine rase or real properly ine 'act n1 iehhny+ 's
<br />entered and ,ecordM in an n6e. !a the e.tenl iequned by
<br />s11,111on '1 a' aril;
<br />i6i in arry ,ash •r. 0i . days Jr mole Boo, to the date
<br />o, a refiring of notice Jt lien ;'rider wniwregrapn IAI, in,
<br />Secre,a,y ,actives wrdleh ,ninimatron I,, ,h, manner
<br />0 escrpect i re91tandn$ issued ; the Secretary,
<br />concermnpachange m,ne!axpayers,es,denit Itanouce
<br />of such lien .5 also Fled in" cc Dred ric a wit h sub wl 11,n
<br />me Stale In which such residence is locateo
<br />131 Required Re ifing Period. — In the cost
<br />of any notice of lien the term re lu red ,elding period means -
<br />,Al Ina one year period end,ng 30 days alte, the expiration
<br />M 6 yea is after the dale at the assessment of the tax. and
<br />IBt the ope'year period ending w,ln the ea D,rdtipn 016ytars
<br />I'll, IM, dose or ine ocred,ng reputed roiling period for
<br />such notice of hen
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />a Release Of lien. — sublKt fn such
<br />regulations as the Sec,e,ary may iryscribe the Seretary still
<br />Issue a Cerld:Cale or -agnSt of any ten imposed waft re'peU to
<br />any internal revenue Id. ^.o! later Than 30 days aver Me day on
<br />wmcn
<br />Or l.ii Sanslmd o: Unenforceable Tne Secretary
<br />finds that the habddy for the amount assessed. logethe, -mall
<br />interest in respect mereof has been fully Wished or has
<br />become legally Unento —able or
<br />r2, Bond Accepted T^.ere is furnished to the Secrelaryand
<br />accepted of, him a bond that is conditioned upon the payment of
<br />me amount assessed !ogelner with all Interest in respect
<br />M inept within !lie time prescribed by law (including any
<br />extension of such I,mei and !hat is it.. accordance with S: h
<br />'egu'remems relating to terms cona'trons 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 />fkl Disclosure of Certain Returns and
<br />Return Information For Tax Administration
<br />Purposes. —
<br />!2'i Disclosure of amount 01 outstanding hen 11 a notice of
<br />hen. has been filed Pursuant to section 6323111 . me amount of the
<br />outstanding obligation secured by such hen may be disclosed to
<br />any person who furnishes satisfactory written evidente that he
<br />has a rigs! in the property subject to such lien or ,,tends to
<br />obtain a .gnt m such D"nedy
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