ruling

(redirected from Letter Rulings)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

Ruling

A judicial or administrative interpretation of a provision of a statute, order, regulation, or ordinance. The judicial determination of matters before the court such as the admissibility of evidence or the granting of a motion, which is an application for an order.

ruling

n. court decision on a case or any legal question.

ruling

noun adjudication, award, command, court's finding, decision, decree, determination, edict, finding, findings of fact and conclusions of law, judgment, judicial determination, judicial proclamaaion, judicial pronouncement, opinion of the court, order, order of the court, pronouncement, resolution, rule, verdict
Associated concepts: judicial ruling, ruling from the bench
See also: absolute, act, adjudication, authority, award, canon, central, code, conclusion, condition, conviction, decree, determination, dictate, directive, documentation, dominant, edict, enactment, essential, finding, finding of guilt, influential, judgment, mandate, master, measure, omnipotent, opinion, order, potent, powerful, predominant, prescription, prevailing, primary, principal, pronouncement, requirement, rubric, sentence, sovereign, verdict
References in periodicals archive ?
While private letter rulings are applicable only to specific taxpayers and tax situations, they do provide indications of the IRS's thoughts related to the specific matters addressed in the rulings.
In letter ruling 200521003, the IRS held that tuition paid to a school program to help dyslexic children deal with their condition was an IRC section 213(a) deductible medical expense.
The IRS has also stated it will no longer issue supple mental letter rulings under section 355 unless the request represents a significant issue, adding a change in circumstances after the spin-off will ordinarily not represent significant issue.
We have been advised by our tax accountants that the absence of a private letter ruling is not dispositive of the issues affecting the tax treatment of this distribution, and the Board of Directors believes that proceeding with this distribution in reliance on the opinion of our tax accountants is appropriate under the circumstances.
Recently, the IRS issued three letter rulings confirming that conclusion.
The motivation for, if not the mechanics of, the notice is understandable: OTR apparently wants to assess the number and scope of letter rulings issued by them and their predecessor agency, the Department of Finance and Revenue.
77) IRS Letter Rulings 200604016 (1/27/06) and 200622038 (6/2/06).
Letter rulings 200401020, 200401023 and 200402028 (financial institution mistake).
Recent private letter rulings confirm that what is old is new and that partial liquidations are alive and well.
Letter Rulings 200625009, 20051-3010 and 200327003 all held that an undivided fractional interest was not a partnership.
The regulation says private letter rulings and GCMs are not authoritative.