SUMMARY NOTES

L. Collection
COLLECTION – enforced by the gov’t once the assessment achieves finality under the
instances:
A) Taxpayer defaulted in his administrative remedies
a) Failure of taxpayer to seasonably respond to the PAN.
b) Failure of taxpayer to seasonably protest the FLD/FAN.
B) Denial of the taxpayer’s protest by CIR/authorized representative.
C) Assessment is upheld by the court.

M. Government remedies to enforce collection

1) Imposition of tax lien
2) Seizure of the taxpayer’s properties (distraint or levy)
3) Auction sale and or Forfeiture of taxpayer’s properties
4) Filing of civil or criminal action against the taxpayer
5) Imposition of administrative penalties and fines
6) Suspension of business operations
7) Entering into a tax compromise with the taxpayer

N. Stages of collection
1) Preliminary Collection Letter
2) Final Notice before Seizure Letter
3) Warrant of Distraint/Levy or Garnishment
4) Research of taxpayer properties
5) Notice of Tax Lien and or Notice of the Tax Levy
6) Seizure of Properties
7) Auction sale and/or Forfeiture of properties
8) Filing of civil or criminal action