Question: What statement is not true (i.e. is false) with respect to most final tax Regulations? Regulations are individually approved by the U.S. Congress prior
What statement is not true (i.e. is false) with respect to most final tax Regulations? Regulations are individually approved by the U.S. Congress prior to taking effect. Regulations are issued by the U.S. Treasury Department. Regulations are designed to provide interpretation of statutes passed by Congress. Regulations carry more legal force than a Revenue Ruling. Final Regulations have the force and effect of law.
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