Regulations are
A)equal in authority to legislation.
B)equal in authority to legislation if statutory.
C)presumed to be valid and to have almost the same weight as the IRC.
D)equal in authority to legislation if interpretative.

Question

Quizplus · Accepted Answer

Regulations are generally presumed to be valid and to have almost the same weight as the Internal Revenue Code (IRC), reflecting their role in detailing and implementing the broad principles found in legislation.

Regulations Are