Tax as a first charge on property gives government priority over other claims except under insolvency law. Tax liability for tax, interest or penalty is a first charge on the property of the taxable person or other liable person, operating notwithstanding other ... Summary
Tax as a first charge on property gives government priority over other claims except under insolvency law.
Tax liability for tax, interest or penalty is a first charge on the property of the taxable person or other liable person, operating notwithstanding other law, except as provided by the insolvency regime.
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