Rules of thumb to be used in determining the authoritative value of a judicial decision include: a. Tax Court decisions carry less weight than District Court opinions b. Tax Court Memorandum decisions carry more weight than Tax Court Regular opinions c. a concurring opinion carries more weight than a majority opinion d. all of the above.

Rules of thumb to be used in determining the authoritative value of a judicial decision include: a. Tax Court decisions carry less weight than District Court opinions b. Tax Court Memorandum decisions carry more weight than Tax Court Regular opinions c. a concurring opinion carries more weight than a majority opinion d. all of the above.

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter2: Working With The Tax Law

Section: Chapter Questions

Problem 17P

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3. Which of the following statements is not true about tax law sources? a. The Internal Revenue Code serves as the highest legislative authority for tax research, planning and compliance activities. b. Administrative tax law sources include regulations and revenue rulings. c. It is possible for the Tax Court to intentionally issue conflicting decisions. d. A Tax Court Regular decision has more authoritative weight than a Memo decision. e. None of the answers provided is correct.
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