Question
1. a.How are the three distinct aspects of a traditional tax practiceresearch, planning and compliancepotentially interconnected functions? b.What is a primary authority of tax law
1. a.How are the three distinct aspects of a traditional tax practiceresearch, planning and compliancepotentially interconnected functions?
b.What is a primary authority of tax law and why must the answer to any tax issue or question be traced back to a primary authority of tax law?
c.Briefly explain how a bill becomes a tax law and why it is important to understand this process.
d.Provide three sources of legislative tax authority and explain how they differ in terms of importance or weight in answering a tax question.
2.a.Explain the two essential rules to be followed in determining the answer to any tax controversy or question.
b. Explain whether the Internal Revenue Tax Code or a Tax Treaty carries more weight in determining the answer to a tax question.
c.Explain why Congressional Committee Reports can be an important source for understanding primary tax authority.
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