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Internal Revenue Code
The comprehensive set of tax laws in the United States, enforced by the Internal Revenue Service (IRS).
Private Letter Rulings
Written decisions by the IRS in response to taxpayer requests for clarification on specific tax situations, binding only for the requesting taxpayer.
Temporary Regulations
Rules issued by government agencies for a limited period to address immediate issues or situations.
Revenue Ruling
An official interpretation by the IRS on how the law is applied to a specific set of facts.
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Q112: Discuss in detail at least four of