22 CFR 213.36 - Reporting to Department of the Treasury's Internal Revenue Service.

Regulations last checked for updates: May 21, 2024

Title 22 - Foreign Relations last revised: May 13, 2024

View all text of Subpart F [§ 213.35 - § 213.36]

§ 213.36 - Reporting to Department of the Treasury's Internal Revenue Service.

Upon discharge of indebtedness, USAID must report the discharged debt as income to the debtor to the IRS in accordance with the requirements of 26 U.S.C. 6050P and 26 CFR 1.6050P-1. USAID may request Fiscal Service to file such a discharge debt report to the IRS on the Agency's behalf.

[86 FR 31146, June 11, 2021]

authority: 22 U.S.C. 2381(a); 31 U.S.C. 902(a); 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR parts 900 through 904

source: 67 FR 47258, July 18, 2002, unless otherwise noted.

cite as: 22 CFR 213.36