Which of the following is a true statement regarding primary authority of tax law?
A)Articles in The Journal of Taxation are viewed as primary authority.
B)Primary authority includes the Code, as well as administrative and judicial interpretations.
C)The Bloomberg BNA Daily Tax Reporter is a source of primary tax authority.
D)Tax services are sources of primary tax authority.

Question

Quizplus · Accepted Answer

Primary authority of tax law includes the Internal Revenue Code, as well as administrative and judicial interpretations. While tax journals, such as The Journal of Taxation, and tax services, such as Bloomberg BNA and CCH, can be helpful resources, they are not considered primary authority.

Which of the Following Is a True Statement Regarding Primary