Rewrite Each of the Following Citations in Proper Form

question 71

Essay

Rewrite each of the following citations in proper form:
a.Subsection (b) of the third treasury regulation issued under Code Section 614 (Income Tax).
b.Revenue Ruling 72-151, found on page 88 of the second cumulative bulletin of 1972.
c.Metropolitan Laundry Co., case 52-1 USTC 9129 Vol 100 Federal Supplement at page 803 District Court of California.
d.Henry M. Rodney (Tax Court 1969), volume 53 Reports of the U.S Tax Court, page 287.
e.Paragraph 3 of subsection b, Section 217 of the Internal Revenue Code of 1986.

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Definitions:

U.S. Dollar-Denominated Returns

The gains or losses on an investment reported in U.S. dollars, regardless of the currency of the initial investment.

Currency Selection Return

Currency Selection Return refers to the gains or losses resulting from the active management decision of choosing to invest in currencies expected to appreciate relative to others.

Cross Border Fund

An investment fund that has the capability to invest in financial assets across different countries.

Benchmark

A standard or point of reference against which things may be compared or assessed, particularly in the financial markets to measure the performance of stocks or funds.