Which of the following statements is CORRECT with respect toconflicting tax laws?
A)Revenue Rulings and Revenue Procedures seldom are held tobe invalid by a court.
B)Regulations are frequently held tobe invalid by a court.
C)The decisions of courts that are higher in the judicial hierarchy should receive additional precedential weight.
D)All of the these are correct.

Question

Quizplus · Accepted Answer

Courts higher in the judicial hierarchy, such as appellate courts or the Supreme Court, set precedents that lower courts are generally expected to follow, giving their decisions additional weight.

Which of the Following Statements Is CORRECT with Respect Toconflicting