The Code was fi rst enacted in 1939 and a revised Code was enacted in 1954 The

The code was fi rst enacted in 1939 and a revised

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13. The Code was first enacted in 1939 and a revised Code was enacted in 1954. The 1986 Code incorporates the 1954 Code. 16. False. Closed fact research relates to “after-the-facts compliance” or ex post facto research. 18. decisions that rest on federal determinations or on previously decided legal issues are known as Memorandum decisions. 20. contrast, “tax avoidance” relates to the legal tax planning ideas that may be employed to minimize taxes. 24. True. 25.
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401Testbank©2010 CCH. All Rights Reserved. Chapter 2False. The taxpayer can still go to the Tax Court. 26. False. Determination letters are issued by the District Director. 27. True. 28. False. Decisions of the Court of Federal Claims are first appealed to the U.S. Court of Appeals for the 29. Federal Circuit and then may be appealed to the U.S. Supreme Court. True. 30. True. 31. True. 32. False. A taxpayer does not have to pay the tax before petitioning the Tax Court. file a petition at any time within 90 days of the issuance of the statutory notice of 34. deficiency. 35. True. 41. False. The claim for refund must be filed within three years from the date the return was filed or within two years from the date the tax was paid, whichever is later. 42.
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