C.F.R. » Title 45 » CHAPTER XI—NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES › SUBCHAPTER D—NATIONAL ENDOWMENT FOR THE HUMANITIES › PART 1177—CLAIMS COLLECTION › Subpart C—Standards for the Compromise of Claims

45 C.F.R. § 1177.26

Consideration of tax consequences to the Government

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In negotiating a compromise, NEH will consider the tax consequences to the Government. In particular, NEH will consider requiring a waiver of the debtor's tax-loss-carry-forward and tax-loss-carry-back rights. For information on discharge of indebtedness reporting requirements, see § 1177.32.