Regulations often deﬁne terms, clarify language used in the Code, and explain how the President believes the tax laws should be interpreted.

Name: Regulations often deﬁne terms, clarify language used in the Code, and explain how the President believes the tax laws should be interpreted.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Regulations are the Secretary of the Treasury's interpretations of the provisions in the Code, not the President's interpretations.

Regulations Often Deﬁne Terms, Clarify Language Used in the Code