22 C.F.R. § 34.22 Discharge.
Title 22 - Foreign Relations
Once a debt has been closed out for accounting purposes and collection has been terminated, the debt is discharged. STATE must 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.
Title 22: Foreign Relations
PART 34—DEBT COLLECTION
Subpart D—Collection Adjustments
§ 34.22 Discharge.
