A Letter Ruling Can Only Be Relied on by the Taxpayer

question 51

True/False

A letter ruling can only be relied on by the taxpayer for whom it is written.

---

Definitions:

Exosystem

A socio-ecological model layer affecting a person indirectly, involving contexts or settings that do not include the person but still influence their experiences.

Microsystem

The immediate environment in which an individual personally interacts, such as family, school, or workplace, influencing development and socialization.

Ecological

Relating to or concerned with the relation of living organisms to one another and to their physical surroundings.

Environment

The surroundings or conditions in which a person, plant, or animal lives or operates.