Prosecution for fraudulent removal of property may follow to prevent tax recovery under tax law provisions. Prosecution attaches when an individual fraudulently removes, conceals, transfers or delivers to any person any property or any interest therein with the purpose of preventing the recovery of tax; acts that displace assets beyond the reach of tax collection, including transfers to third parties, are prosecutable under the tax provision.
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.
Prosecution for fraudulent removal of property may follow to prevent tax recovery under tax law provisions.
Prosecution attaches when an individual fraudulently removes, conceals, transfers or delivers to any person any property or any interest therein with the purpose of preventing the recovery of tax; acts that displace assets beyond the reach of tax collection, including transfers to third parties, are prosecutable under the tax provision.
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