26-U.S.C.-6340
§6340 – Records of Sale
Pathway
Title 26 > Subtitle F > Chapter 64 > Subchapter D > Part II > Section 6340
Details
- Reference: Section 6340
- Legend: §6340 – Records of Sale
- USCode Year: 2013
Provision Content
(a) Requirement
The Secretary shall, for each internal revenue district, keep a record of all sales of property under section 6335 and of redemptions of such property. The record shall set forth the tax for which any such sale was made, the dates of seizure and sale, the name of the party assessed and all proceedings in making such sale, the amount of expenses, the names of the purchasers, and the date of the deed or certificate of sale of personal property.
(b) Copy as evidence
A copy of such record, or any part thereof, certified by the Secretary shall be evidence in any court of the truth of the facts therein stated.
(c) Accounting to taxpayer
The taxpayer with respect to whose liability the sale was conducted or who redeemed the property shall be furnished—
(1) the record under subsection (a) (other than the names of the purchasers);
(2) the amount from such sale applied to the taxpayers liability; and
(3) the remaining balance of such liability.
(Aug. 16, 1954, ch. 736, 68A Stat. 789; Pub. L. 94–455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834; Pub. L. 105–206, title III, §3442(a), July 22, 1998, 112 Stat. 761.)
Amendments
1998—Subsec. (a). Pub. L. 105–206, §3442(a)(1), struck out real after sales of and inserted or certificate of sale of personal property after deed.
Subsec. (c). Pub. L. 105–206, §3442(a)(2), added subsec. (c).
1976—Pub. L. 94–455 struck out or his delegate after Secretary wherever appearing.
Effective Date of 1998 Amendment
Pub. L. 105–206, title III, §3442(b), July 22, 1998, 112 Stat. 762, provided that: The amendments made by this section [amending this section] shall apply to seizures occurring after the date of the enactment of this Act [July 22, 1998].
U.S. Encyclopedia of Law Coverage
26-U.S.C.-6334 in the Legal Encyclopedia: Tax Administration
In this entry about 26-U.S.C.-6334, find legal reference material, bibliographies and premiere content related to tax administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax administration-specific issues, written by authorities in the field.
Part I – Due Process For Collections in the Legal Encyclopedia: Tax Procedure
In this entry about Part I – Due Process For Collections, find legal reference material, bibliographies and premiere content related to tax procedure in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax procedure-specific issues, written by authorities in the field.
Part II – Levy in the Legal Encyclopedia: Tax Collection
In this entry about Part II – Levy, find legal reference material, bibliographies and premiere content related to tax collection in the American Encyclopedia of Law, presenting a comprehensive view of the United States tax collection-specific issues, written by authorities in the field.
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