Why might the taxing authority agree to provide advance rulings on the tax treatment of proposed transactions?

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Why might the taxing authority agree to provide advance rulings on the tax treatment of proposed transactions? Why might it refuse to make rulings in some cases?

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Taxes And Business Strategy A Planning Approach

ISBN: 9780132752671

5th Edition

Authors: Myron Scholes, Mark Wolfson, Merle Erickson, Michelle Hanlon

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Question Posted: Aug 06, 2015 02:29 AM

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Why might the taxing authority agree to provide advance rulings on the tax treatment of proposed transactions?

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Revenue rulings reduce taxpayer uncertainty regarding the tax treatment of particular transactions O...View the full answer

Taxes And Business Strategy A Planning Approach

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