Which Is a Primary Source of Tax Law

question 94

Multiple Choice

Which is a primary source of tax law?

• A) Serverino R. Nico, Jr., 67 T.C. 647 (1977).
• B) Article by a Federal judge in Tax Notes.
• C) An IRS publication.
• D) Written determination letter.
• E) All of the above are primary sources.

Compute the present value of future cash flows to assess investment opportunities.

Explain the diminishing marginal utility of wealth and its implications for financial decisions.

Identify factors contributing to market risk and their impact on investment portfolios.

Understand and evaluate offers and terms related to saving accounts and financial investments.

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Definitions:

Then

At that time; at the time in question.

Rose

A type of flowering shrub of the genus Rosa, in the family Rosaceae, known for its beautiful and fragrant flowers which are often associated with romance and love.

It's

A contraction of "it is" or "it has," used in a sentence to make a statement or indicate possession.

Been

A past participle of the verb "be," indicating a state of existence or occurrence in the past.