The IRS must follow the precedents set by decisions of the U.S. Court of Federal Claims.

Name: The IRS must follow the precedents set by decisions of the U.S. Court of Federal Claims.
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While decisions of the U.S. Court of Federal Claims can be persuasive, the IRS is not bound by them and can make its own determinations based on the tax code and regulations. The IRS is, however, bound by decisions of higher courts, such as the U.S. Supreme Court and U.S. Court of Appeals.

The IRS Must Follow the Precedents Set by Decisions of the U.S