Section 4.5 Tax-Penalty Claims

• Jurisdiction: United States

4.5 Tax-Penalty Claims

Tax-penalty claims cannot be subordinated to the claims of general unsecured creditors absent improper conduct by the government.⁵⁸

--------

Notes:

^[58] See U.S. v. Noland, 517 U.S. 535, 116 S. Ct. 1524, 134 L. Ed. 2d 748 (1996).