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Chapter 02 Tax Compliance, the IRS, and Tax Authorities




Question;13.;The;30-day" letter gives the taxpayer the opportunity to request an;appeals conference or agree to the proposed IRS adjustment.;True False;14.;The;90-day" letter gives the taxpayer the opportunity to pay the;proposed tax adjustment or file a petition in the U.S. District Court to hear;the case.;True False;15.;If a taxpayer;has little cash and a very technical tax case that she feels very strongly;that the tax rules are "on her side," she should prefer to have her;case tried in the U.S. Tax Court.;True False;16.;In;researching a tax issue, Eric finds that the U.S. Circuit Court of Appeals;for the Federal Circuit previously has ruled in favor of his tax position;whereas the 11th Circuit (Eric's circuit) previously has ruled;against his tax position. If Eric is contemplating litigating his tax;position with the IRS, he should prefer to have his case first tried by the;U.S. Tax Court.;True False;17.;If a taxpayer;loses a case at the Circuit Court level, he is granted an automatic appeal;hearing with the Supreme Court.;True False;18.;Secondary;authorities are official sources of the tax law with a lesser;weight" than primary authorities.;True False;19.;Revenue;rulings and revenue procedures are examples of primary authorities.;True False;20.;The Internal;Revenue Code and tax treaties are examples of statutory authorities.;True False;21.;Because the;U.S. District Court hears a broader set of cases, decisions by the U.S.;District Court may be considered to have more authoritative weight than the;U.S. Court of Federal Claims.;True False;22.;Temporary;Regulations have more authoritative weight than revenue rulings.;True False;23.;Proposed and;Temporary Regulations have the same authoritative weight.;True False;24.;An;acquiescence indicates that the IRS lost a court case and that it has decided;to follow the court's ruling in the future.;True False


Paper#55256 | Written in 18-Jul-2015

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