I:1-26 The Internal Revenue Code is the most authoritative source of income tax law. In trying to
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I:1-26 The Internal Revenue Code is the most authoritative source of income tax law. In trying to resolve an income tax question, however, a tax researcher also consults administrative rulings (Treasury Regulations, Revenue Rulings, etc.) and court decisions. Why wouldn’t the tax researcher just consult the IRC since it is the highest authority?
Similarly, why is there a need for administrative rulings and court decisions?
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Related Book For
Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023
ISBN: 9780137730391
36th Edition
Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna
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