Which of the following types of Regulations has the highest tax validity?
A)Procedural.
B)Proposed.
C)Interpretive.
D)Legislative.
E)None of the above.

Question

Quizplus · Accepted Answer

Legislative regulations are the ones that have the highest tax validity because they are issued under the authority of a specific statute or law passed by Congress. Other types of regulations such as procedural, proposed, or interpretive are not based on specific legislation and therefore have lower tax validity.

Which of the Following Types of Regulations Has the Highest