2016 US Code
Title 26 - Internal Revenue Code
Subtitle F - Procedure and Administration
Chapter 64 - Collection
Subchapter D - Seizure of Property for Collection of Taxes
Part II - Levy
Sec. 6340 - Records of sale
| 26 U.S.C. § 6340 (2016) |
| §6340. Records of sale |
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(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 evidenceA 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 taxpayerThe 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 taxpayer's liability; and (3) the remaining balance of such liability. |
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(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.) |
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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 AMENDMENTPub. 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]." |
| United States Code, 2012 Edition, Supplement 4, Title 26 - INTERNAL REVENUE CODE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 26 - INTERNAL REVENUE CODE Subtitle F - Procedure and Administration CHAPTER 64 - COLLECTION Subchapter D - Seizure of Property for Collection of Taxes PART II - LEVY Sec. 6340 - Records of sale |
| section 6340 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 90 Stat. 1834 112 Stat. 761, 762 |
| Public Law 94-455, Public Law 105-206 |
