ExpertHard1 markMultiple Choice
CPA · Question 60 · Area I: Ethics & Tax Procedures
Which of the following is a 'primary' source of tax authority?
Which of the following is a 'primary' source of tax authority?
Answer options:
A.
IRS Publications
B.
Tax Textbook
C.
Legal Periodical
D.
Revenue Rulings
How to approach this question
Primary = Code, Regs, Rulings, Court Cases. Secondary = Books, Articles, IRS Pubs (technically).
Full Answer
D.Revenue Rulings✓ Correct
D
Primary authorities include the IRC, Treasury Regulations, Court Decisions, and IRS administrative pronouncements like Revenue Rulings and Revenue Procedures. Textbooks and articles are secondary.
Common mistakes
Thinking IRS Publications (like Pub 17) are primary authority (they are not binding law).
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