Code of Federal Regulations · Section
§ 902.6 — Consideration Of Tax Consequences To The Government
31 C.F.R. § 902.6
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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.
Authorizing Statute
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Collection and compromise31 U.S.C. § 3711