IT293R ARCHIVED - Debtor's gain on settlement of debt
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IT293R ARCHIVED - Debtor's gain on settlement of debt
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We have archived this page and will not be updating it.
You can use it for research or reference.
This bulletin deals with the gain that a debtor realizes, in settling a debt or other obligation otherwise than by the paymenty in full of the principal amount, is applied to reduce losses in a specific order.
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2025-08-26