What is the title of IRC 164? a. What proposed regulations were issued on 164? What is(are) the status of the proposed regulation? b. What are the three tests to be a personal property tax as defined by the regulations to 164? c. Which FTC paragraphs furnish an analysis of the regulation determined in part c above? d. Using the Annotations related information button, find the Tax Court case that discusses the deduction for motor vehicle registration if ad valorem?

Use the RIA Citator to evaluate 59 A.F.T.R. 2d 87-392.a. What is the name of the case, and what are its parallel citations?b. In which circuit court was this case heard?c. What are the two main issues in the case?d. For the professional fees discussed in the case, which two categories were considered? What did the court decide with respect to each?e. Have any other cases cited McCarthy? Does it modify any previous cases?f. Use the FTC-related information button and discuss whether this holding would be true for a transaction