Question 1

Section 121(B)(2)(a)(b)(iii) would be a correct type of Code citation.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following sections of the Internal Revenue Code deal with partnerships?

Accepted Answer

A) the 700s 
B) the 300s 
C) Section 162 
D) Section 501 
A) the 700s 
B) the 300s 
C) Section 162 
D) Section 501

Question 3

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

Accepted Answer

A) taxes imposed by Congress must apply uniformly throughout the United States 
B) no direct taxes may be imposed on income 
C) all revenues from the federal income tax must be apportioned to the population of the states from which they were collected 
D) all of these are correct 
A) taxes imposed by Congress must apply uniformly throughout the United States 
B) no direct taxes may be imposed on income 
C) all revenues from the federal income tax must be apportioned to the population of the states from which they were collected 
D) all of these are correct

Question 4

P.L. 107-16 is the citation for:

Accepted Answer

A) the Conference report on the 16th public law enacted in the 107th Congress 
B) the 16th public law enacted in the 107th Congress 
C) a public law enacted by Congress but not signed by the President 
D) none of these are correct 
A) the Conference report on the 16th public law enacted in the 107th Congress 
B) the 16th public law enacted in the 107th Congress 
C) a public law enacted by Congress but not signed by the President 
D) none of these are correct

Question 5

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

Accepted Answer

A) True 
 B)False

Question 6

Most tax legislation begins in the House of Representatives.

Accepted Answer

A) True 
 B)False

Question 7

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty that addresses some tax-related issues.

Accepted Answer

A) True 
 B)False

Question 8

In the House of Representatives, tax law changes are primarily considered by:

Accepted Answer

A) the Finance Committee 
B) a Conference Committee 
C) the Budget Committee 
D) the Ways and Means Committee 
A) the Finance Committee 
B) a Conference Committee 
C) the Budget Committee 
D) the Ways and Means Committee

Question 9

Historically, the 1913 income tax was a tax on wealthy and high-income taxpayers.

Accepted Answer

A) True 
 B)False

Question 10

List several issues that tax treaties commonly address.

Accepted Answer

Any tax matter may be covered in a tax t

Question 11

Each Congress lasts for:

Accepted Answer

A) 2 years 
B) 1 year 
C) 3 years 
D) 4 years 
A) 2 years 
B) 1 year 
C) 3 years 
D) 4 years

Question 12

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Accepted Answer

A) True 
 B)False

Question 13

Congress cannot override a Presidential veto of a tax bill.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements is INCORRECT regarding tax treaties?

Accepted Answer

A) They are authorized by the U.S. Constitution. 
B) They are usually initiated by the State Department, not the Treasury. 
C) The United States can have multiple types of tax treaties with one country. 
D) All of these are correct. 
A) They are authorized by the U.S. Constitution. 
B) They are usually initiated by the State Department, not the Treasury. 
C) The United States can have multiple types of tax treaties with one country. 
D) All of these are correct.

Question 15

A "tax protester" is:

Accepted Answer

A) a person who files a "frivolous" return with the IRS 
B) a person who brings a "frivolous" matter before the Tax Court 
C) a person who may be subject to a penalty for frivolous Tax Court petitions 
D) all of these are correct 
E) none of these are correct​ 
A) a person who files a "frivolous" return with the IRS 
B) a person who brings a "frivolous" matter before the Tax Court 
C) a person who may be subject to a penalty for frivolous Tax Court petitions 
D) all of these are correct 
E) none of these are correct​

Question 16

Which of the following statements is INCORRECT regarding the reasons tax researchers may have difficulty in interpreting the Internal Revenue Code?

Accepted Answer

A) Code sections can appear to conflict. 
B) Definitions can be significantly different from the common use of a term. 
C) All exceptions to a Code section are addressed within that same section. 
D) Frequently, phrases modify percentage or dollar amounts. 
A) Code sections can appear to conflict. 
B) Definitions can be significantly different from the common use of a term. 
C) All exceptions to a Code section are addressed within that same section. 
D) Frequently, phrases modify percentage or dollar amounts.

Question 17

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Accepted Answer

A) True 
 B)False

Question 18

Describe the steps in the legislative process by which a tax bill becomes law.

Accepted Answer

Most tax legislation originates in the H

Question 19

A "technical corrections act" is:

Accepted Answer

A) a set of changes made by IRS to fit new tax law provisions into the Code 
B) an act passed by Congress to remove errors in implementing and interpreting the new provisions of a tax law 
C) the act that provides the effective dates for a new tax law 
D) none of these are correct 
A) a set of changes made by IRS to fit new tax law provisions into the Code 
B) an act passed by Congress to remove errors in implementing and interpreting the new provisions of a tax law 
C) the act that provides the effective dates for a new tax law 
D) none of these are correct

Question 20

The first Internal Revenue Code was:

Accepted Answer

A) the Internal Revenue Code of 1939 
B) the Internal Revenue Code of 1954 
C) the Revenue Act of 1913 
D) none of these are correct 
A) the Internal Revenue Code of 1939 
B) the Internal Revenue Code of 1954 
C) the Revenue Act of 1913 
D) none of these are correct

Section 121(B)(2)(a)(b)(iii) would be a correct type of Code citation.

Which of the following sections of the Internal Revenue Code deal with partnerships?

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

P.L. 107-16 is the citation for:

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

Most tax legislation begins in the House of Representatives.

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty that addresses some tax-related issues.

In the House of Representatives, tax law changes are primarily considered by:

Historically, the 1913 income tax was a tax on wealthy and high-income taxpayers.

List several issues that tax treaties commonly address.

Each Congress lasts for:

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Congress cannot override a Presidential veto of a tax bill.

Which of the following statements is INCORRECT regarding tax treaties?

A "tax protester" is:

Which of the following statements is INCORRECT regarding the reasons tax researchers may have difficulty in interpreting the Internal Revenue Code?

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Describe the steps in the legislative process by which a tax bill becomes law.

A "technical corrections act" is:

The first Internal Revenue Code was:

Introduction to Tax Practice and Ethics

Tax Research Methodology

Administrative Regulations and Rulings

Judicial Interpretations

Tax Services Ria Checkpoint

Tax Services CCH Intelliconnect

Tax Services Specialty and Others

Multijurisdictional and Other Research

Financial Accounting Research

Communicating Research Results

Tax Planning

Working With the IRS

Tax Practice and Administration: Sanctions, Agreements, and Disclosures

Filters

Exam 3: Constitutional and Legislative Sources

Section 121(B)(2)(a)(b)(iii) would be a correct type of Code citation.

Which of the following sections of the Internal Revenue Code deal with partnerships?

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

P.L. 107-16 is the citation for:

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

Most tax legislation begins in the House of Representatives.

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty that addresses some tax-related issues.

In the House of Representatives, tax law changes are primarily considered by:

Historically, the 1913 income tax was a tax on wealthy and high-income taxpayers.

List several issues that tax treaties commonly address.

Each Congress lasts for:

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Congress cannot override a Presidential veto of a tax bill.

Which of the following statements is INCORRECT regarding tax treaties?

A "tax protester" is:

Which of the following statements is INCORRECT regarding the reasons tax researchers may have difficulty in interpreting the Internal Revenue Code?

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Describe the steps in the legislative process by which a tax bill becomes law.

A "technical corrections act" is:

The first Internal Revenue Code was:

Introduction to Tax Practice and Ethics

Tax Research Methodology

Administrative Regulations and Rulings

Judicial Interpretations

Tax Services Ria Checkpoint

Tax Services CCH Intelliconnect

Tax Services Specialty and Others

Multijurisdictional and Other Research

Financial Accounting Research

Communicating Research Results

Tax Planning

Working With the IRS

Tax Practice and Administration: Sanctions, Agreements, and Disclosures

Filters