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A taxpayer contemplates entering into a complex transaction. The taxpayer wants assurance that there will be no adverse tax effects from the transaction. The taxpayer

A taxpayer contemplates entering into a complex transaction. The taxpayer wants assurance that there will be no adverse tax effects from the transaction. The taxpayer should apply for which of the following?

A Revenue ruling.

B. Private letter ruling (PLR).

C. General counsel memorandum (GCM).

D. Technical advice memorandum (TAM).

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