Code of Federal Regulations Title 31. Money and Finance–Treasury § 31.902.6 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.