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47 CFR 1.1950 - Reporting discharged debts to the Internal Revenue Service.

There are 12 Updates appearing in the Federal Register for 47 CFR 1. Select the tab below to view, or View eCFR (GPOAccess)
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§ 1.1950
Reporting discharged debts to the Internal Revenue Service.
(a) In accordance with applicable provisions of the Internal Revenue Code and implementing regulations (26 U.S.C. 6050P; 26 CFR 1.6050P-1 ), when the Commission discharges a debt for less than the full value of the indebtedness, it will report the outstanding balance discharged, not including interest, to the Internal Revenue Service, using IRS Form 1099-C or any other form prescribed by the Service, when:
(1) The principle amount of the debt not in dispute is $600 or more; and
(2) The obligation has not been discharged in a bankruptcy proceeding; and
(3) The obligation is no longer collectible either because the time limit in the applicable statute for enforcing collection expired during the tax year, or because during the year a formal compromise agreement was reached in which the debtor was legally discharged of all or a portion of the obligation.
(b) The Treasury will prepare the Form 1099-C for those debts transferred to Treasury for collection and deemed uncollectible.

Title 47 published on 2012-10-01

The following are only the Rules published in the Federal Register after the published date of Title 47.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2013-04-18; vol. 78 # 75 - Thursday, April 18, 2013
    1. 78 FR 23150 - Commercial Radio Operators
      GPO FDSys XML | Text
      FEDERAL COMMUNICATIONS COMMISSION
      Final rule.
      Effective May 20, 2013, except for amendments to §§ 1.913(d)(1)(vi), 13.9(c), and 13.13(c), which contain information collection requirements that are not effective until approved by the Office of Management and Budget (“OMB”). The FCC will publish a document in the Federal Register announcing the effective date for those sections.
      47 CFR Parts 0, 1, 13, 80 and 87

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES

§ 504 - Costs and fees of parties

§ 553 - Rule making

§ 5514 - Installment deduction for indebtedness to the United States

USC : Title 15 - COMMERCE AND TRADE

§ 79 to 79z–6 - Repealed.

USC : Title 31 - MONEY AND FINANCE

§ 3701 - Definitions and application

§ 3711 - Collection and compromise

§ 3712 - Time limitations for presenting certain claims of the Government

§ 3713 - Priority of Government claims

§ 3714 - Keeping money due States in default

§ 3715 - Buying real property of a debtor

§ 3716 - Administrative offset

§ 3717 - Interest and penalty on claims

§ 3718 - Contracts for collection services

§ 3719 - Reports on debt collection activities

§ 3720 - Collection of payments

§ 3720A - Reduction of tax refund by amount of debt

§ 3720B - Barring delinquent Federal debtors from obtaining Federal loans or loan insurance guarantees

§ 3720C - Debt Collection Improvement Account

§ 3720D - Garnishment

§ 3720E - Dissemination of information regarding identity of delinquent debtors

USC : Title 47 - TELEGRAPHS, TELEPHONES, AND RADIOTELEGRAPHS

§ 151 - Purposes of chapter; Federal Communications Commission created

§ 154 - Federal Communications Commission

§ 155 - Commission

§ 157 - New technologies and services

§ 225 - Telecommunications services for hearing-impaired and speech-impaired individuals

§ 303 - Powers and duties of Commission

§ 309 - Application for license

Presidential Documents

Executive Order ... 11609

Executive Order ... 12107

Title 47 published on 2012-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 47 CFR 1 after this date.

  • 2013-04-24; vol. 78 # 79 - Wednesday, April 24, 2013
    1. 78 FR 24138 - Implementing Public Safety Broadband Provisions of the Middle Class Tax Relief and Job Creation Act of 2012
      GPO FDSys XML | Text
      FEDERAL COMMUNICATIONS COMMISSION
      Proposed rule.
      Submit comments on or before May 24, 2013. Submit reply comments on or before June 10, 2013.
      47 CFR Parts 1, 2, 27 and 90