Fraudulent transfers of property to defeat tax liabilities are void against government claims, subject to bona fide exceptions. A transfer or charge created by a person who owes an amount with the intention of defrauding Government revenue is void against any claim for tax or other sums payable; however, transfers for adequate consideration, made in good faith without notice of pending proceedings or of the tax liability, or made with prior permission of the proper officer are not void.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Fraudulent transfers of property to defeat tax liabilities are void against government claims, subject to bona fide exceptions.
A transfer or charge created by a person who owes an amount with the intention of defrauding Government revenue is void against any claim for tax or other sums payable; however, transfers for adequate consideration, made in good faith without notice of pending proceedings or of the tax liability, or made with prior permission of the proper officer are not void.
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