What administrative release deals with a proposed transaction rather than a completed transaction?
A)Letter Ruling.
B)Technical Advice Memorandum.
C)Determination Letter.
D)Field Service Advice.
E)None of the above.

Question

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A Letter Ruling is a type of administrative release issued by the IRS in response to a taxpayer's request for guidance on a proposed transaction. It deals with the tax implications of a transaction before it is actually completed. The IRS provides guidance on how the transaction should be reported for tax purposes, and the taxpayer can use the letter to avoid potential penalties or controversies that may arise in the future.

What Administrative Release Deals with a Proposed Transaction Rather Than