7/25/2019 Distraint of Personal Properties

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DISTRAINT OF PERSONAL PROPERTIES

INTERNAL REVENUE

TAXES

LOCAL TAXES

Applicability ofConstructi! Distraint

YES NO

Issuin" Aut#ority of t#!

$arrant of Distraint

1. CIR Php 1 million

(more)2. RDO- Php 1 million and

less

Loal !reas"rer

Postin" of Notic!s No# less #han 2 P"$li

Plaes% Ci#&'"n

dis#rain# made

O*e o+ #he a&or

No# less #han , P"$li

and onspi"o"s

plaes% #erri#or& o+ #he

L

O-/shall0R!port of t#! Sal! i#hin 2 DYS % OIC%

Repor# o+ #he Proeedin3s%

in RI!IN% #o CIR%

preser4e #he repor# as an

o*ial reord

i#hin 5 DYS% Loal

!reas"rer% Repor# o+

Proeedin3s% In RI!IN%

#o LCE

Ti%! of Sal! NO! LESS #han 26 DYS

a+#er NO!ICE #o

o7ner'possessor o+

proper#& ANDPOS!IN o+

s"h no#ie

NO! LESS #han 26 DYS

a+#er NO!ICE #o o7ner and

possessor o+ proper#&

ANDPOS!IN'p"$lia#ion

o+ s"h no#ie

Purc#as! of Distrain!&Prop!rty by t#!

'o!rn%!nt

CIR (on $ehal+ o+ #he N)as p"rhaser8 I9:

1. ;iddin3 Prie

7/25/2019 Distraint of Personal Properties

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#he proeedin3s% #o sa#is+&

#he laim and #he os# o+

sale