[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR105-55.024]

[Page 414]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
              CHAPTER 105--GENERAL SERVICES ADMINISTRATION
 
PART 105-55_COLLECTION OF CLAIMS OWED THE UNITED STATES--Table of Contents
 
Sec. 105-55.024  Consideration of tax consequences to the Government.

    In negotiating a compromise, the General Services Administration 
(GSA) may consider the tax consequences to the Government. In 
particular, GSA may 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 Sec. 105-55.030.