Question 1

Explain how committee reports can be used in tax research. What do they indicate?

Accepted Answer

Committee reports can help resolve ambiguities in statutory language by revealing Congressional intent. They are indicative of this intent.

Question 2

What are some of the consequences of the small cases procedure of the Tax Court?

Accepted Answer

The small cases procedure allows a taxpayer the advantage of having a day in court without the expense of an attorney. But if the taxpayer loses, the decision cannot be appealed.

Question 3

Identify which of the following statements is true.

Accepted Answer

A) Paragraph references are most commonly used when citing or referring to the tax statutes. 
B) Title 26 of the United States Code and the Internal Revenue Code of 1986 are synonymous. 
C) Before 1939, tax statutes were codified or compiled into one document. 
D) The Internal Revenue Code contains chapters, which are further subdivided into titles. 
A) Paragraph references are most commonly used when citing or referring to the tax statutes. 
B) Title 26 of the United States Code and the Internal Revenue Code of 1986 are synonymous. 
C) Before 1939, tax statutes were codified or compiled into one document. 
D) The Internal Revenue Code contains chapters, which are further subdivided into titles. B

Question 4

Where must a tax researcher look to access all Tax Court cases?

Accepted Answer

The regular opinions are found in the Ta

Question 5

Discuss the purposes and scope of temporary regulations.

Accepted Answer

Temporary regulations are issued by the

Question 6

Compare and contrast proposed, temporary, and final regulations.

Accepted Answer

Proposed regulations are not authoritati

Question 7

Identify which of the following statements is true.

Accepted Answer

A) The U.S. Court of Federal Claims hears cases only in Washington, D.C. 
B) Each state has at least one U.S. District Court. 
C) Federal district court decisions and federal courts of appeals decisions are not printed by the U.S. Government Printing Office. 
D) All of the above are false. 
A) The U.S. Court of Federal Claims hears cases only in Washington, D.C. 
B) Each state has at least one U.S. District Court. 
C) Federal district court decisions and federal courts of appeals decisions are not printed by the U.S. Government Printing Office. 
D) All of the above are false.

Question 8

Identify which of the following statements is false.

Accepted Answer

A) A revenue ruling is issued by the Internal Revenue Service only in response to a written inquiry by a taxpayer. 
B) Rev. Proc. 2006-19 is a revenue procedure that was published in 2006. 
C) The citation Ltr. Rul. 200611075 usually indicates the ruling was made public in the 11th week of 2006. 
D) A technical advice memorandum is made available as a letter ruling. 
A) A revenue ruling is issued by the Internal Revenue Service only in response to a written inquiry by a taxpayer. 
B) Rev. Proc. 2006-19 is a revenue procedure that was published in 2006. 
C) The citation Ltr. Rul. 200611075 usually indicates the ruling was made public in the 11th week of 2006. 
D) A technical advice memorandum is made available as a letter ruling.

Question 9

A jury trial is permitted in the

Accepted Answer

A) U)S. District Court. 
B) U)S. Tax Court. 
C) U)S. Court of Federal Claims. 
D) U)S. Tax Court when the small case procedures are used. 
A) U)S. District Court. 
B) U)S. Tax Court. 
C) U)S. Court of Federal Claims. 
D) U)S. Tax Court when the small case procedures are used.

Question 10

You need to locate a recent tax case that was tried in a Federal district court. The decision is an "unreported" decision. This means the decision was

Accepted Answer

A) not published in the Federal Supplement. 
B) not published in American Federal Tax Reports. 
C) not published in United States Tax Cases. 
D) settled out of court. 
A) not published in the Federal Supplement. 
B) not published in American Federal Tax Reports. 
C) not published in United States Tax Cases. 
D) settled out of court.

Question 11

Identify which of the following statements is false.

Accepted Answer

A) When a court opinion discusses facts and issues on which the court does not rule, the comments are called dicta. 
B) Dicta in a court opinion has no influence on other tax proceedings. 
C) Published articles and tax services are examples of secondary sources of authority. 
D) Dicta are not authoritative. 
A) When a court opinion discusses facts and issues on which the court does not rule, the comments are called dicta. 
B) Dicta in a court opinion has no influence on other tax proceedings. 
C) Published articles and tax services are examples of secondary sources of authority. 
D) Dicta are not authoritative.

Question 12

Does Title 26 contain statutory provisions dealing only with income taxation? Explain.

Accepted Answer

No; Title 26 deals with all ta

Question 13

Final regulations can take effect on any of the following dates except

Accepted Answer

A) the effective date of the statutory language they interpret, provided they are issued within 18 months of the date of the change to the statute. 
B) the date on which final regulations were proposed. 
C) the date on which related temporary regulations were first published in the Federal Register. 
D) the date on which they were issued in final form. 
A) the effective date of the statutory language they interpret, provided they are issued within 18 months of the date of the change to the statute. 
B) the date on which final regulations were proposed. 
C) the date on which related temporary regulations were first published in the Federal Register. 
D) the date on which they were issued in final form.

Question 14

Is it possible for the Tax Court to intentionally issue conflicting decisions?

Accepted Answer

Yes. If the Tax Court is issuing two dec

Question 15

Why should tax researchers take note of the date on which a Treasury Regulation was adopted?

Accepted Answer

Researchers should note the date on whic

Question 16

Final regulations have almost the same legislative weight as the IRC.

Accepted Answer

A) True 
 B)False

Question 17

Assume that the Tax Court decided an expenditure in question was deductible. The government appealed to the Fifth Circuit, which reversed the decision and held it was not deductible. No other circuits have ruled on the issue.
A new case has just been filed in the Tax Court. How will the Tax Court rule if this new case is appealable to the Tenth Circuit? Would your answer be different if the case was appealable to the Fifth Circuit?

Accepted Answer

The Golsen rule provides that the Tax Co

Question 18

The Tax Court departs from its general policy of ruling uniformly for all taxpayers where

Accepted Answer

A) a U.S. District Court has ruled differently on the issue in the taxpayer's jurisdiction. 
B) the U.S. Court of Federal Claims has ruled differently on the issue in the taxpayer's jurisdiction. 
C) the Court of Appeals in the circuit to which the Tax Court decision would be appealed has ruled differently on the issue. 
D) the IRS has indicated that it will acquiesce. 
A) a U.S. District Court has ruled differently on the issue in the taxpayer's jurisdiction. 
B) the U.S. Court of Federal Claims has ruled differently on the issue in the taxpayer's jurisdiction. 
C) the Court of Appeals in the circuit to which the Tax Court decision would be appealed has ruled differently on the issue. 
D) the IRS has indicated that it will acquiesce.

Question 19

The primary citation for a federal circuit court of appeals case would be

Accepted Answer

A) 40 AFTR 2d 78-1234. 
B) 44 F.Supp. 403. 
C) 3 F.3d 134. 
D) 79-2 USTC & 9693. 
A) 40 AFTR 2d 78-1234. 
B) 44 F.Supp. 403. 
C) 3 F.3d 134. 
D) 79-2 USTC & 9693.

Question 20

Which of the following courts is not a trial court for tax cases?

Accepted Answer

A) U)S. Bankruptcy Court 
B) U)S. District Court 
C) U)S. Tax Court 
D) U)S. Court of Federal Claims 
A) U)S. Bankruptcy Court 
B) U)S. District Court 
C) U)S. Tax Court 
D) U)S. Court of Federal Claims

Explain how committee reports can be used in tax research. What do they indicate?

What are some of the consequences of the small cases procedure of the Tax Court?

Identify which of the following statements is true.

Where must a tax researcher look to access all Tax Court cases?

Discuss the purposes and scope of temporary regulations.

Compare and contrast proposed, temporary, and final regulations.

Identify which of the following statements is true.

Identify which of the following statements is false.

A jury trial is permitted in the

You need to locate a recent tax case that was tried in a Federal district court. The decision is an "unreported" decision. This means the decision was

Identify which of the following statements is false.

Does Title 26 contain statutory provisions dealing only with income taxation? Explain.

Final regulations can take effect on any of the following dates except

Is it possible for the Tax Court to intentionally issue conflicting decisions?

Why should tax researchers take note of the date on which a Treasury Regulation was adopted?

Final regulations have almost the same legislative weight as the IRC.

The Tax Court departs from its general policy of ruling uniformly for all taxpayers where

The primary citation for a federal circuit court of appeals case would be

Which of the following courts is not a trial court for tax cases?

Corporate Formations and Capital Structure

The Corporate Income Tax

Corporate Nonliquidating Distributions

Other Corporate Tax Levies

Corporate Liquidating Distributions

Corporate Acquisitions and Reorganizations

Consolidated Tax Returns

Partnership Formation and Operation

Special Partnership Issues

S Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Us Taxation of Foreign-Related Transactions

Filters

Exam 1: Tax Research

Explain how committee reports can be used in tax research. What do they indicate?

What are some of the consequences of the small cases procedure of the Tax Court?

Identify which of the following statements is true.

Where must a tax researcher look to access all Tax Court cases?

Discuss the purposes and scope of temporary regulations.

Compare and contrast proposed, temporary, and final regulations.

Identify which of the following statements is true.

Identify which of the following statements is false.

A jury trial is permitted in the

You need to locate a recent tax case that was tried in a Federal district court. The decision is an "unreported" decision. This means the decision was

Identify which of the following statements is false.

Does Title 26 contain statutory provisions dealing only with income taxation? Explain.

Final regulations can take effect on any of the following dates except

Is it possible for the Tax Court to intentionally issue conflicting decisions?

Why should tax researchers take note of the date on which a Treasury Regulation was adopted?

Final regulations have almost the same legislative weight as the IRC.

The Tax Court departs from its general policy of ruling uniformly for all taxpayers where

The primary citation for a federal circuit court of appeals case would be

Which of the following courts is not a trial court for tax cases?

Corporate Formations and Capital Structure

The Corporate Income Tax

Corporate Nonliquidating Distributions

Other Corporate Tax Levies

Corporate Liquidating Distributions

Corporate Acquisitions and Reorganizations

Consolidated Tax Returns

Partnership Formation and Operation

Special Partnership Issues

S Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Us Taxation of Foreign-Related Transactions

Filters