The primary source of tax authority that provides explanations, definitions, and examples of tax laws is the
A)Internal Revenue Code
B)Revenue rulings
C)Regulations
D)Letter rulings

Question

Quizplus · Accepted Answer

Regulations are issued by the Treasury Department and provide the official interpretations of the Internal Revenue Code, offering explanations, definitions, and examples to guide taxpayers in compliance.

The Primary Source of Tax Authority That Provides Explanations, Definitions