1. Regulations
  2. title 38
  3. chapter I
  4. part 1
  5. subjgrp 24
  6. § 1.935

View all text of Subjgrp 24 [§ 1.930 - § 1.936]

§ 1.935 - Consideration of tax consequences to the Government.

In negotiating a compromise, VA will consider the tax consequences to the Government. In particular, VA will consider requiring a waiver of tax-loss-carry-forward and tax-loss-carry-back rights of the debtor.

(Authority: 31 U.S.C. 3711; 38 U.S.C. 501, 3720) [69 FR 62198, Oct. 25, 2004]

AUTHORITY: Sections 1.500 to 1.527 issued under 72 Stat. 1114, 1236, as amended; 38 U.S.C. 501, 5701.

SOURCE: 40 FR 33944, Aug. 12, 1975, unless otherwise noted.

CITE AS: 38 CFR 1.935