SWFT Comprehensive Volume 2019
42nd Edition
ISBN: 9780357233306
Author: Maloney
Publisher: Cengage
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Which of the following may be relied on and cited as authority for a tax position taken on a client's return?
A. A section from the Form 1120 instructions
B. Revenue Ruling
C. A section from the CCH Master Tax Guide
In general, the answer to all tax questions or issues must be traced to:
A. Supreme Court Decision
B. an IRS letter ruling
C. a tax text book
D. the Internal Revenue Code
3. Compare and contrast the following other agencies
tasked with tax collections and other fees. ( .S)
a. Bureau of Customs (BOC)
b. Board of Investments (BOI)
c. Local Gov't Tax Collecting Units
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