ExpertHard1 markMultiple Choice
CPA · Question 39 · Area I: Ethics & Tax Procedures
Which of the following is a primary authority for tax purposes?
Which of the following is a primary authority for tax purposes?
Answer options:
A.
IRS Publications
B.
Temporary Treasury Regulations
C.
Tax Textbook
D.
Article in the Journal of Taxation
How to approach this question
Distinguish Primary (Code, Regs, Rulings, Court Cases) from Secondary (Commentary, Publications, Textbooks).
Full Answer
B.Temporary Treasury Regulations✓ Correct
Primary authorities include the IRC, Treasury Regulations (Final, Temporary, and Proposed), Court Decisions, and IRS Rulings (Rev Rul, Rev Proc). IRS Publications are considered secondary sources/guidance, not substantial authority.
Common mistakes
Thinking IRS Publications are primary authority (they are not binding in court).
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