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<br />Exc"* From Inlemd Revenue Code
<br />Sec. M. Lien For Taxes.
<br />If any pens" lobo to pay any tax negMtM or refuses to
<br />pay the spas anon d malml, the ueofmt (Including any Miller,
<br />00L aMR)s"d smm"". addition to tax. or aetaowe psnaRy,
<br />to ow Mltlr any oft "may =M in addteal tisreb)
<br />ague be a No M Moe of ft IbIW am aw ail properly
<br />and "oleo o Poo toweat tw a per- -. betonpihrp
<br />w rim )reraaa
<br />Sec. 6322. Period Of Lien.
<br />UMN ahouw doe is specifically fixed by law. the fiat
<br />"no by eactioe an M" art" at "M time use assessment
<br />is Oats am a"cwwmre cent" "M hab»rty !or the amaxrt SO
<br />aaeesaW (of a judgment apaeMt the taxpayer aris" out of
<br />oph gabibry) is flostMd or bacontes uner"orcsebte by reason
<br />of tapes of am
<br />Sec. 6323. Validity and Priority Against
<br />Certain Persons.
<br />M PEChnew a. Holden Of Secttrlhr In-
<br />tgeala, IlN"k- IJartora, And Jud§WWM
<br />Lien Credilors. — The ken imposed by section 021 shalt
<br />rot be veld a norm any purcater. holder of a security
<br />floral, mKhattie s tiew. Or judgement Lien creditor until notice
<br />MVW wMo man the repuirements of subsection IQ has
<br />been floe by the Secretary.
<br />n) Pleee For Hong Notice; Form.—
<br />O) Place For Filing - The notice -eferred to in suO-
<br />section (a) shall be filed -
<br />(Al Under State Caws
<br />(t) Rat Property - In the case of real property. In One
<br />office within the state (or the county, or other governmenat
<br />subeivisioN, as dwipbatW by the laws at such Sate. in
<br />which the property subject to the lien is situated: and
<br />(If) Personal Property - In the case 01 personal
<br />property. whether tangible or in.-rang :ble, m one office
<br />within the State (or the county, or other governmental
<br />subdivision). as designated by the iaws o' such State.
<br />In Which the property SUN!C! to •re n Is situated
<br />of
<br />(B) With Clerk 01 District Court - In the office Ol the seer- at
<br />the United States district court for the Iedioal district :n wmcr
<br />the property subiect to lien's oualed wr, heve' t ^.e State bas
<br />not by law designated one office wrocn meets toe reve''z'ea :s cr
<br />subparagraph fAi. or
<br />(C) With Recorder 01 Deeds 01 T ^e District Ot CO :a'ao-a ;n
<br />rho officeof the Recorder of Deeds of the Disflict of UI,`nr,1 .
<br />the property subject to the lien , s,tuaied r.. e D l- :1
<br />Columbia-
<br />0 SihM ol Property, subject To Us n - For pinpeees Of
<br />paragraphs (t) and (a). property shell be deeniW to be situMW -
<br />(A) Red flopetty - In the case of teal property. At Ma
<br />phy "location; or
<br />(8) Pamrni Property - M the we Of WWMI property.
<br />whether taegibo or intangible, at the residence of the
<br />taxpayer at the bins the notice of lieu Is flow.
<br />For ptirpoeea of patwwh m (8).the redderice of Y cerporlit "
<br />or ftatiwMip shelf be deemed to be the place at which the
<br />peacipat executive OMM of IN business M oabw, and on
<br />residence at a taxpayer whoa residence is without the UnitW
<br />Saba shag be domed to be in the District of Columbia
<br />(3) Form . TM form and cement of the notice
<br />resorted to In subsection (a) Mall be prescribed by the
<br />Secretary. Such notice shall be valid notwOWtff4ing any
<br />other provision of law regaraeg the form or content of a
<br />M" of lien.
<br />Note: 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. Motor vehicles
<br />3. Personal property purchased at retail
<br />a. Personal property purchased in casual sale
<br />5. Personal property subjected to possessory Iron
<br />6. Real property tai[ and special assm"Int Dens
<br />Residential property, subject to a multenld's
<br />lien for certain repairs and improvements
<br />e. A"orney's liens
<br />S. Certain insurance contracts
<br />10 Passbooksoans
<br />(g) RejHjyyQ Of Notice. — For purposes of lnis
<br />section -
<br />m General Rule.— unless notice of is rehied in
<br />the manner prescribed in paragraph (21 during the reQuired
<br />refdin; period, such notice cf Len shalt be treated as filed on the
<br />eate orcwM1Uh it is L;ed (in accdreante With subsection irll afar
<br />the erpnation of such refiluq period.
<br />(21 Place For Filing. — e - _ - etlied
<br />,.,. ,g the :ray- -•eel 'e`; „o -... _!:z b 1...�. .. .,. ,
<br />,Ai
<br />ji) such tWti ^.! dl lien!e refiteG In the Cl1,ce ", W. '.0 � Ins
<br />p„o, no ?ice of ;fen was Lied, and
<br />1!11 .e ine case of reai p,otierfy. the tact u' ,.,film; IS
<br />entered and ,ece+ded's. an .'!dex to the exter.l reao:red by
<br />suosECtron s!' rql. aro
<br />181, any Case ,n which 90 nays Cf rn_re o ^G: to Ice Cate
<br />at a .e1::; ,g of notice of lien inle% suoparzg ;apes Al, clip
<br />a
<br />Sepsgry npive0 w am wernntlott fin the "M
<br />preacribew In r@VUWJOM resod by the Sevetery)
<br />concer q a &" in tier taxpayer's gesk%"oe, d a Mesa
<br />of such Nan Is am send in acesrdrMeee"A tarb"m" M in
<br />the ttas in ~ rich residence o' -caul.
<br />(3) RegUM Rf;){Mrg Period — In me we
<br />of any notice of ion, t M Wm'MQI* w rellbrg pero"' ffftm -
<br />(A) the ofwyeer period aligns M days after tM expiration
<br />of B years atnt the dace of fie somme lit of ON tax, anal
<br />(8) theowyeerperoderialngwhhtheexpiradonofoyws
<br />afar, the also of the p KWM required reeling period for
<br />Wdh notice of Den.
<br />Sec. 6325. Release Of Lien Or
<br />Discharge Of Property.
<br />(a) Rdwe Of flan. — Subject to such
<br />regulations a the SOD*" may t"eatibe. the Secretary shelf
<br />issue a prtificate of relose at any Ion imposed with MOW to
<br />any internist menu tax not later Man 30 days atter the day on
<br />which .
<br />Ill Liability Satisfied or thMrtlercesble - The Secretary
<br />finds that the liability for the amount assessed. together with all
<br />interest in mpect thereof, has been fully satisfied or hoer
<br />become legally urxnforcl able: or
<br />(2) Bond Accepted - There is furnished to the Secretary and
<br />accepted by him a bond that is conditioned upon the paymer" Of
<br />the amount uaesew. together with all interest in respect
<br />thereof, within der time prescribed by law (including any
<br />extension of such time), and that is in accordance with such
<br />requirement relating to terms. conditions, and form of the bond
<br />and sureties theron, as may be specified by such regulations.
<br />Sec. 6103. Confidentiality and Dis-
<br />closure of Returns and Return In-
<br />formation.
<br />t; Obdosim of Certain Returns and
<br />Rettmt information For Tax Administration
<br />Purposes. —
<br />(2i Cisc':csv:e or arr=o�nt of c I" Itanobcedl
<br />en -
<br />-..,
<br />any persen wno furnishes salisfact" wmten "oence that he
<br />has a ,gm !, I- 5 ✓- operty sAilcl IO SuG" ! -n Or ,"tend_ IO
<br />cbtana',gn* m _G'.
<br />prof_rt'y
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