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automatically deducted from per capita payments. The
Tribal Administration shall include in the notice of
the application of federal tax laws, a notice of the
existence of the withholding procedure.
In approximately November 1994, the Department of the
Interior notified the tribe that it had determined the ordinance
was in compliance with the IGRA and had approved the ordinance.
Discharge of Indebtedness
Petitioner borrowed money from the U.S. Department of
Agriculture, Farmers Home Administration (FmHA), on at least
three different occasions for operating expenses and other uses
with respect to his farming activity. On July 25, 1983,
petitioner borrowed $32,326 from the FmHA. On May 30, 1984,
petitioner borrowed $35,500 from the FmHA for annual operating
expenses and to purchase an irrigation system. On January 8,
1987, petitioner borrowed an unknown amount from the FmHA. In
order to receive loans from the FmHA, petitioner was required to
prepare and submit a projection or “prospective plan” for each
operating year the loan was effective.7 At some point,
petitioner entered into a security agreement for each of his FmHA
loans granting the FmHA a security interest in some of his
chattel, including a tractor, a combine, a planter, a wagon, a
plow, and other farming equipment (chattel).
7The only projection included in the record concerned the
period Jan. 1 through Dec. 31, 1990.
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