Fraudulent property transfers void against tax claims unless made for adequate consideration, in good faith, without notice, or with permission. A taxpayer's charge or transfer of property made with the intention of defrauding Government revenue is void against tax or other recovery claims; however, transfers are valid if made for adequate consideration, in good faith, without notice of proceedings or of the tax due, or with prior permission of the proper officer.
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 property transfers void against tax claims unless made for adequate consideration, in good faith, without notice, or with permission.
A taxpayer's charge or transfer of property made with the intention of defrauding Government revenue is void against tax or other recovery claims; however, transfers are valid if made for adequate consideration, in good faith, without notice of proceedings or of the tax due, or with prior permission of the proper officer.
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