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<br />Excerpts From Internal Revenue Coale
<br />Sec. 6321. Lien For Taxes.
<br />n any person liable to Day any tax neglects at causes to
<br />pay Ire same alter demand the amount !uKfudi g any ,hle,-
<br />est. add,bomal amount addition to is. or Assossairte penalty
<br />lit ~ win any costs that may accrue m "oil," thereto)
<br />Shan be a lien Ia favv of the lawtad States upon an property
<br />and rams to Crows, wr4or teal or personal belonging
<br />to Such person
<br />Sec 6322. Period Of Lien.
<br />Untess another date is speclhtally fixed or Taw the lien
<br />daWSfid by section 621 Shan arise at the time the assessment
<br />S made and Shalt continue until the 1,400ty for !k amain, so
<br />aasersw ,0, a judgment against the taxpayer a,.S,ng out of
<br />such nabnurl ,s sabsnea of becomes unenforceable by reason
<br />of lapse at time
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />la, Purchasei s, Nelden Of SWWftY In-
<br />terests. Mechalik's LiaMrs. And Joi ftmiM
<br />Lion Cr~. — The l.m ,noosed by seCl do W1 Snap
<br />not be valid as against any pumnase hole, 0: a security
<br />rrlNresl. mKhimC S l.tnpr or IYddment lien creditor unfit notice
<br />)helm which meets the ,egpoements m suosecrron rt, has
<br />beeh',fad 0y me 5ecretaty
<br />m Place For Filing Notice; Form. —
<br />111 Place Fcf F.!ng the notice referred to in Sub
<br />SKSIOn tai shall be filed
<br />,Al Unfit, slate Laws
<br />10, Real properly In me cast of real p,opety - one
<br />athce witin the stattlamecounty olomegoW aorta,
<br />Wooy,Slonl as des,grated by the taws of such late in
<br />which the olaoe'ty Subrect 10 the lien ,S situated and
<br />i, sell""? Newly In the Case Of personal
<br />'.v OOe,ly unite' 'a(g,bie O, mtanig,ble in am ottKe
<br />w,min me State tot IM county or other governmental
<br />suDC „Sion, as designated oy the laws of Such State
<br />w",t^ the D'Ooerty suORct to the hen is situated
<br />Til
<br />l9I w,ln Clv% 0' D,s,r,ct COWL In line omct of ten cleta Ot
<br />he t8+<!te Stares district tau” for me Judicial district m which
<br />" ^t O'Ooariv s^rcl to hems situated wnenel,e, the state has
<br />yaw ves,gnafed ont oMCe which hi the leo,A,arawnm
<br />. tl,:r.ag,aon,A, o,
<br />vi Recdrde, Of Deeds 01 Ina D's1"Cl of C.1umtl:a lI
<br />.;r.'e �, the Ref d,dC on Deeds d, The CIS' ,! or Cclurnb,p ,f
<br />-e ;'DOer'r su D,et! to the I,en is snua:ed ,n the District at
<br />Co;umb:a
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<br />Jill
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<br />+2, SINS Of property' SUORM to Lien For purposes of
<br />paraC,ap+.s - I. and'a, o +oDerly Seal, be deem" to or S+tWled
<br />IA) Rai properly. the Clse at "a, O,Opt,ly at its
<br />physical location Ot
<br />IBT Personal property In lot case of oersonal properly
<br />whefner Tangible or intangible at Me +es Bence of the
<br />taxpayer at the lime the notice at hen's I'llho
<br />For purposes of paragraph 121 (8) the resr!!e ^.ce of a corooratmn
<br />or tgrtnersnrp shall be deemed In h the Dlace at ii the
<br />fithl"al executive raffKe of me DU'irne55 .s 1Kateo ono the
<br />residence of a ta.payG whose residence s «,mow Ina united
<br />States snail be aKtneo to be In the o,sl„c: C! COlumb,a
<br />l31 Form )tie 'dim and Conten, or [le notice
<br />refitted t0 in subsection ,a, sha„ N c,w:ltea by file
<br />Secretary such notice snail ce .d,,o no— i"tand,ng any
<br />.if.. yo +.von o: ❑w 'eQa,rmg tilt '0'm , ""I". 0' a
<br />notice Of uen
<br />Note: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />I Securities
<br />2 Molts ve!Ilcles
<br />3 personal property purchased at retail
<br />a personal property putchased in casual sale
<br />5 Pets" property subjected to Doss?ssory hen
<br />6 Real MoDerty toy and Special assess M-1111 ilens
<br />7 Residential property subject to a mechanic S
<br />lien for certain reclbrS and imps of emenls
<br />8 Attorney's hens
<br />5 CertaM msurance contracts
<br />ID Passbook leans
<br />;g, Willing 01 Notice. — Fa,O .pooh nr ;nix
<br />section
<br />•I, Beaoral Rule. — unless nonce e, „en ,z •e +,Ica •^
<br />the marine, DreSCriW ,n pa,a9,aDh '2' dWmg me •eou,rtd
<br />,elating Denbo suit notice of 4[n Shall oe I—leO 35 +•Ke on the
<br />Cate on which d IS NeCnn ACCC'dance won $10SKl.dn 'TP one,
<br />the t.o.ration at Such rehhN period
<br />let PIK@ For Filing. — A nonce at !,en ,eWed
<br />Curing the ,ectu,verf ehung WIN shall De eI,KIl Dnlr
<br />.4, .1
<br />u, Such notice of teen ,s'enitd ,.n 1N On,Ct ,n which The
<br />prim MIKe of firm was tiled and
<br />.n me rase o1 +ell PTO"," me roc, m W."tig ,s
<br />enlefed and recolow man,nde• to vile tHent'tauned air
<br />Subsection ,f. IT aid
<br />18. •h any case in which 90 dayS o, mole Pilot to ,he dale
<br />Of . rM.tng of ,.tine o1 :,an undo, wopa•aorph W. the
<br />a
<br />sweruy 'ecin ed within mbrmatdp 1,n the mafY1lr
<br />prescrrbeo in regulations issued by The secretary]
<br />concetn.ng a change in I e to Rpaw sleswenCe. itahabee
<br />of such lien is also filed in accfndalKt wIm fubSecltOn 111 m
<br />The slate ,n which such lesrdence IS located
<br />(3) Rewired Rdility Period+ — ll smile e
<br />of any notice of wen thelarm "required retiling Orloff ,)Nana•
<br />IA, the one year period finding 30 days also, the ealirrabfin
<br />C, A ,ears after !tie dale of the assessment o) the tan. and
<br />81 the one -year period ending won the e,puatron 016 years
<br />after the close of Ilse p,Ked.nq required'efdmg Write let
<br />such notice of !ien
<br />Sec 6325 Release Of Lien Or
<br />Discharge Of Property.
<br />a; Refuse Of lien. — sinlwt to slice,
<br />,eguutions as The Secretary may preSCnbe the Secretary Snap
<br />.Ssue a cerld.cale of ro"Se of any lien imposed with resort 10
<br />any internal ret enut ta. not later man30 days after the day on
<br />wench
<br />,t, Liability Satis'led or Unenforceable The Seceeu,y
<br />„fps that the nab,i.ty for me amount assessed. together w,m an
<br />interest •n respect Ineeol has been fully Satisfied in has
<br />DeCOme legally unenfatCeable or
<br />:21 BOO AC(Clpkd ilue! iS turrt,SMd lO theSKreary ihd
<br />aCCeoted by huh a bond that Ia conthtdned upon tht Dayf Wl Ot
<br />-he amount assessed . together w,th all interest in respect
<br />!nereof within the time pnescr,bed by law hnclldmg any
<br />txlenS,on of Such time) and That IS in aCCOfdarKe with S:.ih
<br />rif— ements relating to terms conditions and form of me bow
<br />end surfb0 thereon. R may be specified by filyd, Iaald "M
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />a, Disclosure of Certain Rdurns and
<br />Return Inloraidien For Tax Administralion
<br />Purposes. —
<br />21 Disclosure of amount of duistanPng lien n a nOlKe of
<br />lien has been filed pursuarll to section ra373CI). Ine amolml otthe
<br />outStano,ng obl,gatdn Secured by Sue I,Mmay bedlSCIOSfd td
<br />any person who f rrmShes SatiStKNry, wrote eVWlKt that M
<br />,YS a tight in the properly subject to such ban of lntendS to
<br />obtain a right ,n Such property
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<br />+2, SINS Of property' SUORM to Lien For purposes of
<br />paraC,ap+.s - I. and'a, o +oDerly Seal, be deem" to or S+tWled
<br />IA) Rai properly. the Clse at "a, O,Opt,ly at its
<br />physical location Ot
<br />IBT Personal property In lot case of oersonal properly
<br />whefner Tangible or intangible at Me +es Bence of the
<br />taxpayer at the lime the notice at hen's I'llho
<br />For purposes of paragraph 121 (8) the resr!!e ^.ce of a corooratmn
<br />or tgrtnersnrp shall be deemed In h the Dlace at ii the
<br />fithl"al executive raffKe of me DU'irne55 .s 1Kateo ono the
<br />residence of a ta.payG whose residence s «,mow Ina united
<br />States snail be aKtneo to be In the o,sl„c: C! COlumb,a
<br />l31 Form )tie 'dim and Conten, or [le notice
<br />refitted t0 in subsection ,a, sha„ N c,w:ltea by file
<br />Secretary such notice snail ce .d,,o no— i"tand,ng any
<br />.if.. yo +.von o: ❑w 'eQa,rmg tilt '0'm , ""I". 0' a
<br />notice Of uen
<br />Note: See section 6323(b) for exceptions to a
<br />valid notice of lien imposed by section 6321 with
<br />respect to:
<br />I Securities
<br />2 Molts ve!Ilcles
<br />3 personal property purchased at retail
<br />a personal property putchased in casual sale
<br />5 Pets" property subjected to Doss?ssory hen
<br />6 Real MoDerty toy and Special assess M-1111 ilens
<br />7 Residential property subject to a mechanic S
<br />lien for certain reclbrS and imps of emenls
<br />8 Attorney's hens
<br />5 CertaM msurance contracts
<br />ID Passbook leans
<br />;g, Willing 01 Notice. — Fa,O .pooh nr ;nix
<br />section
<br />•I, Beaoral Rule. — unless nonce e, „en ,z •e +,Ica •^
<br />the marine, DreSCriW ,n pa,a9,aDh '2' dWmg me •eou,rtd
<br />,elating Denbo suit notice of 4[n Shall oe I—leO 35 +•Ke on the
<br />Cate on which d IS NeCnn ACCC'dance won $10SKl.dn 'TP one,
<br />the t.o.ration at Such rehhN period
<br />let PIK@ For Filing. — A nonce at !,en ,eWed
<br />Curing the ,ectu,verf ehung WIN shall De eI,KIl Dnlr
<br />.4, .1
<br />u, Such notice of teen ,s'enitd ,.n 1N On,Ct ,n which The
<br />prim MIKe of firm was tiled and
<br />.n me rase o1 +ell PTO"," me roc, m W."tig ,s
<br />enlefed and recolow man,nde• to vile tHent'tauned air
<br />Subsection ,f. IT aid
<br />18. •h any case in which 90 dayS o, mole Pilot to ,he dale
<br />Of . rM.tng of ,.tine o1 :,an undo, wopa•aorph W. the
<br />a
<br />sweruy 'ecin ed within mbrmatdp 1,n the mafY1lr
<br />prescrrbeo in regulations issued by The secretary]
<br />concetn.ng a change in I e to Rpaw sleswenCe. itahabee
<br />of such lien is also filed in accfndalKt wIm fubSecltOn 111 m
<br />The slate ,n which such lesrdence IS located
<br />(3) Rewired Rdility Period+ — ll smile e
<br />of any notice of wen thelarm "required retiling Orloff ,)Nana•
<br />IA, the one year period finding 30 days also, the ealirrabfin
<br />C, A ,ears after !tie dale of the assessment o) the tan. and
<br />81 the one -year period ending won the e,puatron 016 years
<br />after the close of Ilse p,Ked.nq required'efdmg Write let
<br />such notice of !ien
<br />Sec 6325 Release Of Lien Or
<br />Discharge Of Property.
<br />a; Refuse Of lien. — sinlwt to slice,
<br />,eguutions as The Secretary may preSCnbe the Secretary Snap
<br />.Ssue a cerld.cale of ro"Se of any lien imposed with resort 10
<br />any internal ret enut ta. not later man30 days after the day on
<br />wench
<br />,t, Liability Satis'led or Unenforceable The Seceeu,y
<br />„fps that the nab,i.ty for me amount assessed. together w,m an
<br />interest •n respect Ineeol has been fully Satisfied in has
<br />DeCOme legally unenfatCeable or
<br />:21 BOO AC(Clpkd ilue! iS turrt,SMd lO theSKreary ihd
<br />aCCeoted by huh a bond that Ia conthtdned upon tht Dayf Wl Ot
<br />-he amount assessed . together w,th all interest in respect
<br />!nereof within the time pnescr,bed by law hnclldmg any
<br />txlenS,on of Such time) and That IS in aCCOfdarKe with S:.ih
<br />rif— ements relating to terms conditions and form of me bow
<br />end surfb0 thereon. R may be specified by filyd, Iaald "M
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />a, Disclosure of Certain Rdurns and
<br />Return Inloraidien For Tax Administralion
<br />Purposes. —
<br />21 Disclosure of amount of duistanPng lien n a nOlKe of
<br />lien has been filed pursuarll to section ra373CI). Ine amolml otthe
<br />outStano,ng obl,gatdn Secured by Sue I,Mmay bedlSCIOSfd td
<br />any person who f rrmShes SatiStKNry, wrote eVWlKt that M
<br />,YS a tight in the properly subject to such ban of lntendS to
<br />obtain a right ,n Such property
<br />J
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