Voidability of property transfers prevents transfers made to defeat tax claims unless in good faith for adequate consideration. Transfers or charges on a taxpayer's property effected to defraud government revenue are void as against claims for tax or other sums; however, transfers ... Summary
Voidability of property transfers prevents transfers made to defeat tax claims unless in good faith for adequate consideration.
Transfers or charges on a taxpayer's property effected to defraud government revenue are void as against claims for tax or other sums; however, transfers are not void if made for adequate consideration, in good faith and without notice of recovery proceedings or tax liability, or with prior permission of the Proper Officer.
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