these questions are ture/ false: 1. Regulations are arranged in the same sequence as the Internal Revenue Code. 2. Proposed Regulations have the full force and effect of law. 3. Revenue Ruli

these questions are ture/ false:

1. Regulations are arranged in the same sequence as the Internal Revenue Code.

2. Proposed Regulations have the full force and effect of law.

3. Revenue Rulings carry teh same legal force and effect as Regulations.

4. A taxpayer must pay any tax deficiency assessed by the IRS and sue for a refund to contest the tax in a U.S. District Court.

5. If the following citation appeared after a trial court decision, it means that the decision was overruled – Rev’d 935 F.2d. 203 (CA- 5, 1991).

6. A U.S. Tax Court decision is generally more authoritative than a U.S. Court of Appeals decision.

7. Letter Rulings apply only to specific taxpayers; Revenue Rulings apply to all taxpayers.

8. The income tax citation, Reg. Sec. 1.403-2(a), relates to Code Sec. 403.

9. The citation, Rev. Rul. 2008-372, relates to Internal Revenue Code Section 372.

10. Tax Court decisions are appealed to the U.S. Supreme Court.

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