Which statement is CORRECT regarding the United States Tax Court?
A) The Tax Court will hear any Federal case.
B) The Tax Court is an appeals court.
C) The Tax Court must follow decisions of the District Court with jurisdiction over the taxpayer.
D) None of the above statements are correct.

Question

Quizplus · Accepted Answer

The correct statement regarding the United States Tax Court is that none of the statements are correct. The Tax Court has limited jurisdiction and only hears cases related to federal tax issues. It is not an appeals court, though taxpayers have the option to appeal decisions made by the Tax Court to either the U.S. Court of Appeals or their local U.S. District Court. Additionally, the Tax Court is not bound by decisions made by other courts with jurisdiction over the taxpayer.

Which Statement Is CORRECT Regarding the United States Tax Court