§30.26. Consideration of tax consequences to the Government.
45 C.F.R. § 30.26
In negotiating a compromise, the Secretary will consider the tax consequences to the Government. In particular, the Secretary will 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 § 30.32.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 3711(d).
Source
Source: 72 FR 10409, Mar. 8, 2007, unless otherwise noted.