Consideration of tax consequences to the Government.

1. Law
2. CFR 31
3. Money and Finance: Treasury
4. Regulations Relating to Money and Finance
5. Federal Claims Collection Standards (Department of the Treasury - Department of Justice)
6. Standards for the Compromise of Claims
7. Consideration of tax consequences to the Government.

§ 902.6 Consideration of tax consequences to the Government.

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.

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