§ 30.26 - Consideration of tax consequences to the Government.  


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  • § 30.26 Consideration of tax consequences to the Government.

    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.