ruling

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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

References in periodicals archive ?

As can be seen from prior letter rulings, the IRS in general takes the position that if a taxpayer uses distributed funds for any personal reasons during the 60-day rollover period, the taxpayer is not entitled to a waiver if he or she does not meet the 60-day requirement.

The 60-day rollover rule: Self-certifying waiver eligibility

Finally, with IRS budget cuts and dwindling personnel hours devoted to private letter rulings, there may be a significant time lag between the submission and receipt of the ruling.

7 Things to Know About IRS Private Letter Rulings

In some instances, private letter rulings lead to the IRS publishing a Revenue Ruling for common usage: "a Revenue Ruling often results from a specific taxpayer's request for a letter ruling .

The basics of private letter rulings

In July 2010, in Letter Ruling 201027015, the IRS again addressed the election by a credit card customer to donate credit card rebates to charities.

Elections to direct credit card rebates to qualified charities

98-1 also provides a sample format for a letter ruling request complete with the proper mailing address.

New letter ruling procedure for environmental cleanup cost issues

34) IRS Letter Rulings 200637008 (9/15/06); 200616023 (4/21/06); 2001614020, 200614021 and 200614022 (all dated 4/7/06); 200615019 (4/14/06); and 200606004 (2/10/06).

Current developments: this article reviews and analyzes recent rulings and decisions involving partnerships. The discussion covers developments in partnership formation, foreign-source income, debt and income allocations, partnership continuation and basis adjustments

Letter ruling 200402029 (taxpayer's physical incapacity prevented compliance with rollover requirements).

IRA rollovers after 60 days; the IRS can be lenient in certain circumstances

For example, although it is not apparent from the ruling itself, in Letter Ruling No.

Recent private letter rulings prove partial liquidations are alive and well

77) IRS Letter Rulings 200604016 (1/27/06) and 200622038 (6/2/06).

Current developments

Treasury regulations issued under section 6662 provide that both private letter rulings and GCMs are substantial authority, reversing the position under the old regulations cited by the court.

The value of an IRS General Counsel Memorandum

how to request a private letter ruling under its various provisions.

The new Section 355 checklist questionnaire

Letter Rulings 200625009, 20051-3010 and 200327003 all held that an undivided fractional interest was not a partnership.