Which of the following is true of revenue rulings?
A) Lower courts are bound by them.
B) They are a subset of Treasury Regulations.
C) Once affirmed by an appellate court, they have the force of law.
D) Although they represent the official policy of the IRS, courts may overrule them.
E) All of the above.
Correct Answer:
Verified
Q22: The most important source of current federal
Q23: What body has jurisdiction over all tax
Q24: Which of the following Administrative sources has
Q25: Which of the following statements concerning the
Q26: Title 26 of the U.S. Code includes
A)Alcohol
Q28: What body prepares a compromise version of
Q29: Tax regulations are first issued in
A)Proposed form
B)Revised
Q30: The Internal Revenue Service is a branch
Q31: Title 26 of the U.S. Code includes
I.Bankruptcy
Q32: Which of the following is generally accorded
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