The internal revenue code is the most authoritative source of income

The Internal Revenue Code is the most authoritative source of income tax law. In trying to resolve an income tax question, however, a tax researcher also consults administrative rulings (Income Tax Regulations, Revenue Rulings, etc.) and court decisions. Why wouldn’t the tax researcher just consult the Internal Revenue Code since it is the highest authority? Similarly, why is there a need for administrative rulings and court decisions? Explain your answer.

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadline.


Click Here to Make an Order Click Here to Hire a Writer