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What Is the Difference Between a Taxpayer-Requested Letter Ruling and a Technical

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What is the difference between a taxpayer-requested letter ruling and a technical advice memorandum issued as a letter ruling?


Definitions:

Sensation-seeker

An individual who seeks out experiences that are varied, novel, complex, and intense, often at the risk of physical or social safety.

Extreme Sports

Sporting activities that involve high levels of risk, adrenaline, and excitement, often performed in exotic or challenging environments.

Arousal

A state of physiological and psychological wakefulness, alertness, and activation.

Drive-reduction

A theory in psychology that explains behavior as motivated by the desire to reduce internal drives, such as hunger or thirst, to maintain homeostasis.

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