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Congress Reacts to Judicial Decisions That Interpret the Tax Law

Question 208

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Congress reacts to judicial decisions that interpret the tax law in different ways. When it approves of a decision, Congress may act to amend the Code to incorporate the holding. When it disapproves, Congress may amend the Code to nullify its effect. Give an example of each one of these congressional reactions.

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Congress approved of the judicial conclu...

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