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<br />ExesrPts From IrtMnal Rsvanue Code
<br />Sec. 6321. Lien For Taxes.
<br />IF arty person liable to pay any tax neglects or refuses to pay
<br />the Sarre after tlertan4 the arrgant (irgluding any interest,
<br />atltlkional amount arfditgn to tax, or assessable penalty,
<br />together with any costs that maq accrue in atltlitfon Mererol
<br />shall be a lien N favor of fire Unitetl States upon all property
<br />and rights to property, whether real or personal, belonging to
<br />such person.
<br />Sec. 6322. Period Of Lien.
<br />Unless another tlale Is specifically iced by law, the hen Im~
<br />pOSetl by seGgn 6321 shall arise at Ine Ilrtq the aS5855menl
<br />!s made arM mall continue until [he Debility for the amount w
<br />assessetl for a jutlgment agamsi ine tazpayer arising out of
<br />such IiaMlity) !s satisfretl er becomes uneniorceaote by reason
<br />of (apse of time.
<br />Sec. 6323. Validity and Priority
<br />Against Certain Persons.
<br />la) Purchasers, HWders Of Security Interests,
<br />Mechanic's Lianora, And Judgment Lien
<br />Cred"AOrs.-The lien Imposetl by section 6321 snail not be
<br />valid as against any purcNSar, Holder o1 a security interest.
<br />tr!echanic'S henor, or tudgment lien cretlnor unid nonce
<br />lher¢pt Which meets ine requirements of Sub5eGl10n ill nos
<br />boon titetl OY the Secretary.
<br />tb? Pretegion For Certain interests Even Though
<br />Notice FRetl.-Even ±nough nptKe of a hen imposed ny sec-
<br />Iron 632? has twee 113¢d. sucn Iten shat: not pe valAt-
<br />(t} Place Fm FNing Notice: form.-
<br />(tl Place Fpr Feting.-The noice referred to m wo~
<br />se-ctron (a) snot' De hied-
<br />(Aj Untler Smte laws.-
<br />(il Rea! Property.-ir. ine wse o' real property, ~n one
<br />odge wdhln the State {or the Gounty. pr o[ner governmen-
<br />tal subtlivisionj, as tlesrgrated by the taws of sucn State.
<br />in which the progeny subject ;o the i+en is stuated. axle
<br />iii) Perwnat Property -In the case of personal prope+~
<br />ty, wnelnef tang!bie or iniar!ginle, m one 9!lice within Ine
<br />State (ar the county, m ou!er govermtanUl subtlirlsxx!t,
<br />as designatetl by the Wws of sucn State. +n which the plo-
<br />perry suoiect m Ine lion Is stuated, or
<br />IB) Wan Clerk Ot District Court.-m the odice of me
<br />clerk of ine Uniletl Slates tllStrgt Court for Ine IudroWl tllSirrot
<br />in whkh Ine progeny subject td lien l5 Siluale4 wne118yet ine
<br />Slate iWS obi M Ww tleslgrated one onice which meals the
<br />reguutarlenls of subparagraph iA); m
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<br />m Entered as Documeni hdc.
<br /> $3-- o o s 1
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<br />(C) Witn Recortler Of Oeeds 0t The District ei
<br />capmota.-In the office of the Rtxortler of Deeds of the
<br />Oistrict of Columbia, it the property subject to the lien is
<br />situated in Fhe District of Columbia.
<br />(2} Situs Ot Property Subject To Lien.-For purposes
<br />of paragraphs {? 1 and (3), property Snell be tleenletl to be
<br />sttuatetl-
<br />(A} Real Property.-in Ine case of real property. at ns
<br />physical !ocatibn; ar
<br />(B) Personal Property.-In the case of ceroonal
<br />property, whether tangible or intaltgibfe. at trte resdence of
<br />the tazpayer at the lime the notice of lien !s htetl.
<br />Pox purposes o' paragraph !2q6). !ne resq¢nce a! a
<br />corborabon or partnersmp shall be deemcW to ce the place a!
<br />wMCn the principal ezecullve ottge Dt ine business 15 !ocateC,
<br />and Ine residence ni a taxpayer whose residence Is wdhput
<br />the United States sndll DB deemed !o De In the 015tnc1 of
<br />Columbia
<br />131 Form.-The form aria mntern of ine notice referred
<br />to in SubSecnon Ia! Snell be preSGnnetl ey the Secretor;
<br />sucn nehce snap be va!m notwnnstandmg am inner prpeisror
<br />nt taw reoardmd the form or content u! z npllce or ':er,
<br />igt flefifing Of Nmice.-Po. purpose a! tn:: see-+cr-
<br />! General Ruie.-amass cm~ce a ... ~_
<br />~eb!ed m the marine! preunned ~.^. pdragrapn is i~CG` nu I2a
<br />'eguued retinno pE!IOd, SUCH nptKe Ct ::¢n coal! VY ;reefed as
<br />+dao pn the date an whin a ~s Hied un aGte!^ance a~>:n
<br />suDSect!on dl}after me eswratra; W seen ra~n,ne ce vau
<br />!2) PWce fat FRng -A notrGe d' uen reh:~
<br />Curing tr,¢ reguued renheg ;<!rod s'<:h x erect:ve o:::v-
<br />S i if SuCn r=phCe Ot ben is i eLied,^ th2 a1t:C¢ m w:^„Cq !nz
<br />prim notce p' +:en was n:ed. and
<br />'~ !n any Gase 'n wmcn ~, days a: name p!:o: ?o ;ne
<br />Date u'i a retihnq et nehce of hen ender suyuragrapn !~.
<br />ine Secleiary reG¢R'¢d writ:an ,','tiCr!:,dfgn ~,-R the i;dn~?~!
<br />p: ascribed +r. reguunons Issues Dy the Saratar}'r concarp~
<br />Ong a mange .n the taxpayer s res!denc¢. a d IrobG¢ p' Saari
<br />!an 5 also load ,n aCCG!ddnoC wan 5pp5H;tron {t~ an FtY
<br />SlalB m whgn SUCK Ie>iCNnek ~5 i[n:afed
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<br />(31 Regnied RtNtltog Period.-In rho case of any
<br />rgnce of lien. the term "requhetl refinrlg period" m~ans-
<br />iA) the one-year peribtl entlirtg 3p days atter the
<br />exprraton of 6 years after the tlate of the a5saS5meM of the
<br />tax, and
<br />(B) the one-year periotl entling with Ue expiration of 6
<br />wars after the close of the precetling requved rofikng
<br />per!vu for such notice of lien.
<br />Sec. 6325. Release Of Lien Or Dis-
<br />charge Of Property.
<br />al Release Of Lien.-Subject to such reguWtgns
<br />as me Secreary may prescribe. the Secretary snail Issue a
<br />Gertlhcate of felease et any lien imposed with respect m any
<br />,nternai revenue tax not later than 30 days attar the tlay on
<br />whiGn-
<br />i t l L!abndy Sansbetl or Unenforceable.-The Secretary
<br />roods toot the bab+hty ipr the amount assessed. together with
<br />3!i interest :n respect thereof, nos been tally sansiletl Ot naS
<br />tY.?LOn:e Iegdliy pnentOrCedble. p(
<br />,.i Bond AGCepted -There IS IUmiSneO to me
<br />S¢Creta:Y dnG ati.¢pted ny mm 3 bpn0 that 15 Gbnditgrl¢tl
<br />upon mP. payment nt the amount aS58SSed. Iogelnef won al!
<br />^:eresl .n ,eSpeCi tigreui, w,tmn Ine nnre prescnbetl by law
<br />nG:udfnq dnq exlenSgn of SuCn tonal. and ihdf 15 In dGGbf-
<br />aa!x¢ won sucn recuuements reWtinq m terms, canditrons,
<br />ono iprm o! the pontl sad sarebes tnereen, as may be
<br />SpeGrfred D} sure rebukanpns
<br />Sec. 6103. Confidentiality and dis-
<br />closure of returns and
<br />return information.
<br />(k) Disclosure of Certain Returns and
<br />Return Intormatton for Tax Administration
<br />Purposes.-
<br />`+ 0!scwswe m aaqunt of pustantlmq hen.-d a
<br />+mbce pi !ren. r~s Oeen bled pursuant to sec6pn 6323ff1 Ine
<br />amount of ;na outstanding onnyanon secureo by sucn lien may
<br />:r drsclosetl la any person woo turmsnes satisfactory written
<br />avm¢nce toot ne Has a ngm m the property sutyed ro sucn
<br />an .u rzUe;tdS to oC!d+n a rtdhi m SUCH property
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