a ANSWER: Whichitemmaynotbecitedasaprecedent? Regulations. TemporaryRegulations. TechnicalAdviceMemoranda. U.S.DistrictCourtdecision. Noneoftheabove. c ANSWER: WhatstatementisnottruewithrespecttoTemporaryRegulations? Maynotbecitedasprecedent. IssuedasProposedRegulations. Automaticallyexpirewithinthreeyearsafterthedateofissuance. FoundintheFederalRegister. Alloftheabovestatementsaretrue. a ANSWER: Whatadministrativereleasedealswithaproposedtransactionratherthanacompletedtransaction? LetterRuling. TechnicalAdviceMemorandum. DeterminationLetter. FieldServiceAdvice. Noneoftheabove. a ANSWER: AtaxpayerwholosesinaU.S.DistrictCourtmayappealdirectlytothe: U.S.SupremeCourt. U.S.TaxCourt. U.S.CourtofFederalClaims. U.S.CircuitCourtofAppeals. Alloftheabove. d ANSWER: RATIONALE:AppealsfromaU.S.DistrictCourtgotothetaxpayer’shomecircuitoftheU.S.CircuitCourtofAppeals. Ifataxpayerdecidesnottopayataxdeficiency,heorshemustgotowhichcourt? AppropriateU.S.CircuitCourtofAppeals. U.S.DistrictCourt. U.S.TaxCourt. U.S.CourtofFederalClaims. Noneoftheabove. c ANSWER:
ANSWER: a Whichitemmaynotbecitedasaprecedent? Regulations. TemporaryRegulations. TechnicalAdviceMemoranda. U.S.DistrictCourtdecision. Noneoftheabove. ANSWER: c WhatstatementisnottruewithrespecttoTemporaryRegulations? Maynotbecitedasprecedent. IssuedasProposedRegulations. Automaticallyexpirewithinthreeyearsafterthedateofissuance. FoundintheFederalRegister. Alloftheabovestatementsaretrue. ANSWER: a Whatadministrativereleasedealswithaproposedtransactionratherthanacompletedtransaction? LetterRuling. TechnicalAdviceMemorandum. DeterminationLetter. FieldServiceAdvice. Noneoftheabove. ANSWER: a AtaxpayerwholosesinaU.S.DistrictCourtmayappealdirectlytothe: U.S.SupremeCourt. U.S.TaxCourt. U.S.CourtofFederalClaims. U.S.CircuitCourtofAppeals. Alloftheabove. ANSWER: d RATIONALE:AppealsfromaU.S.DistrictCourtgotothetaxpayer’shomecircuitoftheU.S.CircuitCourtofAppeals. Ifataxpayerdecidesnottopayataxdeficiency,heorshemustgotowhichcourt? AppropriateU.S.CircuitCourtofAppeals. U.S.DistrictCourt. U.S.TaxCourt. U.S.CourtofFederalClaims. Noneoftheabove. ANSWER: c
Test-Bank-South-Western-Federal-Taxation-2015-18th-Edition-Smith.docx