{"data":{"id":"us/22-cfr-1306.22","jurisdiction":"us","citation":"22 CFR 1306.22","heading":"Discharge.","body":"Once a debt has been closed out for accounting purposes and collection has been terminated, the debt is discharged. MCC 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.","path":["Title 22—Foreign Relations","CHAPTER XIII—MILLENNIUM CHALLENGE CORPORATION","PART 1306—DEBT COLLECTION","Subpart A—General Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-22.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:49Z","sha256":"1d67734609b00f47bdfefa81daa625c14a4af30dcf2d94f7b15c8fc939ee2fe1","source_id":"us-cfr","stale":true,"prev":"us/22-cfr-1306.21","next":"us/22-cfr-1306.23"},"notice":"GroundRules: Original legal text. Not legal advice."}