Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 27 - Alcohol, Tobacco Products and Firearms |
Chapter I - Alcohol and Tobacco Tax and Trade Bureau, Department of the Treasury |
SubChapter F - Procedures and Practices |
Part 70 - Procedure and Administration |
Subpart D - Collection of Excise and Special (Occupational) Tax |
Seizure of Property for Collection of Taxes |
§ 70.169 - Expense of levy and sale.
Latest version.
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§ 70.169 Expense of levy and sale.
The appropriate TTB officer shall determine the expenses to be allowed in all cases of levy and sale. Such expenses shall include the expenses of protection and preservation of the property during the period subsequent to the levy, as well as the actual expenses incurred in connection with the sale thereof. In case real and personal property (or several tracts of real property) are sold in the aggregate, the appropriate TTB officer shall properly apportion the expenses to the real property (or to each tract).