Exactly what does the IRS agent think?

[Keith Alan]

Froze...I don't think there is a statute or reg or decision that specifically call this out. I think this is where metaphysics comes into play. If the FRN's are discharged by notice & demand then they would essentially be treated as USN's.

The questions I would ask then is: can my demand be considered inherent and my notice is this conversation.

I wonder why - since when one makes his demand, the US always subsequently defaults - the US would ever challenge your considering of FRN as USN.