22 CFR § 1506.43 - Will USADF report a discharge of debt to the IRS?
---identifier: "/us/cfr/t22/s1506.43"source: "ecfr"legal_status: "authoritative_unofficial"title: "22 CFR § 1506.43 - Will USADF report a discharge of debt to the IRS?"title_number: 22title_name: "Foreign Relations"section_number: "1506.43"section_name: "Will USADF report a discharge of debt to the IRS?"chapter_name: "AFRICAN DEVELOPMENT FOUNDATION"part_number: "1506"part_name: "COLLECTION OF CLAIMS"positive_law: falsecurrency: "2026-03-24"last_updated: "2026-03-24"format_version: "1.1.0"generator: "[email protected]"authority: "Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720A."regulatory_source: "81 FR 95028, Dec. 27, 2016, unless otherwise noted."cfr_part: "1506"---
Identifier
/us/cfr/t22/s1506.43
Currency
2026-03-24
Positive Law
No
Updated
2026-03-24
Chapter
African Development Foundation
Authority
Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720... Title V of the International Security and Development Cooperation Act of 1980, 22 U.S.C. 290h; 31 U.S.C. 3701-3719; 5 U.S.C. 5514; 31 CFR part 285; 31 CFR 900-904; 5 CFR 550, subpart K; 31 U.S.C. 3720A.
# 1506.43 Will USADF report a discharge of debt to the IRS?Upon discharge of a debt, USADF will report the discharge to the IRS in accordance with the requirements of 26 U.S.C. 6050P and 26 CFR 1.6050P-1. USADF may request the Bureau of Fiscal Services of the Department of Treasury to file such a discharge report to the IRS on the agency's behalf.