Q2 Identify which of the following statements is false.
The number "5" in the citation Reg. Sec. 1.166-5 refers to the paragraph number. |
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The Cumulative Bulletin is issued semiannually while the Internal Revenue Bulletin is issued weekly. |
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The citation Rev. Rul. 2006-5, I.R.B. 2006-1, 33, indicates that the revenue ruling can be found on page 33 of the 1st I.R.B. for 2006. |
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All of the above are false. |
The number "5" in the citation Reg.Sec.1.116-5 does not refers to the paragraph number.
Q2 Identify which of the following statements is false. The number "5" in the citation Reg. Sec....
1. Which of the following is true of the Internal Revenue Code of 1986? a. It includes statutes and regulations. b. It has not been changed since 1986. c. Each Code section has a number that is unique from others. d. More than one is true. 2. Which of the following is not true of the Treasury Regulations? a. They are an official interpretation of the statute by the Treasury Department. b. They are organized by Code Section numbers. c....