C.F.R. » Title 31 » CHAPTER IX—FEDERAL CLAIMS COLLECTION STANDARDS (DEPARTMENT OF THE TREASURY—DEPARTMENT OF JUSTICE) › PART 902—STANDARDS FOR THE COMPROMISE OF CLAIMS

31 C.F.R. § 902.6

Consideration of tax consequences to the Government

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

In negotiating a compromise, agencies should consider the tax consequences to the Government. In particular, agencies should consider requiring a waiver of tax-loss-carry-forward and tax-loss-carry-back rights of the debtor. For information on discharge of indebtedness reporting requirements see § 903.5 of this chapter.