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#3
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| Katie wrote: - quote - > Actually, the 20-year statute of limitations on collections
Well, belay that <G> . It WILL help the OP if the amount is> did pass in 2005. Cal. Rev & Tax Code Sec. 19255, added by > AB 911, Ch. 398, Stats. 2005. It applies to amounts that > are outstanding as of July 1, 2006. So it won't help the OP. still outstanding as of July 1. Katie in San Diego << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
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| eTaxes.com wrote: - quote - > Given what I have seen over the past 18 years, I would say
Actually, the 20-year statute of limitations on collections> it will show up for 10 years. Additionally, the state COULD > refile the lien after that as there is NO statute of > limitations for the collection of California state tax > liabilities. A 20-year statute was proposed a couple of > years ago, but it went nowhere. In reality, the state > doesn't collect much after ten years and doesn't attempt to > do so in most cases. There are other questions concering how > far California's reach extends beyond the borders of the > state, but that is for legal minds far brighter than mine. did pass in 2005. Cal. Rev & Tax Code Sec. 19255, added by AB 911, Ch. 398, Stats. 2005. It applies to amounts that are outstanding as of July 1, 2006. So it won't help the OP. Katie in San Diego << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
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| Given what I have seen over the past 18 years, I would say it will show up for 10 years. Additionally, the state COULD refile the lien after that as there is NO statute of limitations for the collection of California state tax liabilities. A 20-year statute was proposed a couple of years ago, but it went nowhere. In reality, the state doesn't collect much after ten years and doesn't attempt to do so in most cases. There are other questions concering how far California's reach extends beyond the borders of the state, but that is for legal minds far brighter than mine. << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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| waterboy[at]financier.com wrote: - quote - > Without going into the details,
I don't know a whole lot about how the credit reporting> I was wondering if a California State Tax Lien > drops off your credit report after 6-7 years? > I currently live in Nevada. system works, but I doubt that a tax lien would drop off unless it had been released. You get it released by paying the amount due or, if it is erroneous, getting the FTB to understand that and release the lien. Katie in San Diego << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
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| Without going into the details, I was wondering if a California State Tax Lien drops off your credit report after 6-7 years? I currently live in Nevada. thanks waterboy << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| california, lien, state, tax |
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