Part 3

Question 1

Who is responsible for revenue ruling?

Answer 1

Executive branch

Question 2

Who is responsible for revenue procedures

Answer 2

Executive branch

Question 3

Who is responsible for income tax regulations

Answer 3

Executive branch

Question 4

Who is responsible for court decisions?

Answer 4

Judicial branch

Question 5

Who is responsible for for determining whether or not a particular tax law is unconstitutional?

Answer 5

Judicial branch

Question 6

IRC is enacted by who?

Answer 6

Congress

Question 7

What is title 26

Answer 7

IRC is published as Title 26

Question 8

Who has promulgated FBAAR?

Answer 8

Bank Secrecy Act

Question 9

What is title 31

Answer 9

Bank Secrecy Act

Question 10

Who has enforcement authority regarding FBAAR

Answer 10

IRS

Question 11

What is primary authority fir any tax position?

Answer 11

IRC
Decisions by Supreme Court
Court cases
Administrative pronouncement
Congressional intent
Temporary and final regulations

Question 12

Is IRC a primary authority?

Answer 12

Yes

Question 13

Is temporary and final regulation a primary authority?

Answer 13

Yes

Question 14

Are court cases a primary authority?

Answer 14

Yes

Question 15

Is Administrative a primary authority?

Answer 15

Yes

Question 16

Is Congressional Intent a primary authority?

Answer 16

Yes

Question 17

Is IRS publication a primary authority?

Answer 17

No

Question 18

Can FAQs posted by IRS be a primary authority?

Answer 18

Yes it can be as announced in October 2021.