§902.6. Consideration of tax consequences to the Government.
31 C.F.R. § 902.6
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.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 3711.
Source
Source: 65 FR 70402, Nov. 22, 2000, unless otherwise noted.