Tax as first charge on property creates statutory priority for tax, interest, and penalties except under insolvency law. Any amount payable by a taxable person or other person on account of tax, interest or penalty is a first charge on that person's property, creating statutory priority for recovery; this priority applies notwithstanding other laws, except where insolvency law governs the claims.
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Provisions expressly mentioned in the judgment/order text.
Tax as first charge on property creates statutory priority for tax, interest, and penalties except under insolvency law.
Any amount payable by a taxable person or other person on account of tax, interest or penalty is a first charge on that person's property, creating statutory priority for recovery; this priority applies notwithstanding other laws, except where insolvency law governs the claims.
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