Text
Title 22: Foreign Relations
CHAPTER III: PEACE CORPS
PART 309: DEBT COLLECTION
Subpart C: Salary Offset
309.23 - Discharge.
Once a debt has been closed out for accounting purposes and collection has been terminated, the debt is discharged. Peace Corps will report discharged debt as income to the debtor to the Internal Revenue Service per 26 U.S.C. 6050P and 26 CFR 1.6050P-1.
Sponsored links
This document cites
- US Code - Title 31: Money and Finance - 31 USC 3716 - Sec. 3716. Administrative offset
- US Code - Title 31: Money and Finance - 31 USC 3711 - Sec. 3711. Collection and compromise
- U.S. Code - Title 15: Commerce and Trade - 15 USC 1681 - Sec. 1681. Congressional findings and statement of purpose
- U.S. Code - Title 5: Government Organization and Employees - 5 USC 5514 - Sec. 5514. Installment deduction for indebtedness to the United States
See other documents that cite the same legislation