In a letter ruling, the IRS responds to a taxpayer request concerning the tax treatment of a proposed transaction.

Name: In a letter ruling, the IRS responds to a taxpayer request concerning the tax treatment of a proposed transaction.
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In a letter ruling, the IRS will provide guidance and respond to a taxpayer request for clarification or confirmation of the tax treatment of a proposed transaction.

In a Letter Ruling, the IRS Responds to a Taxpayer