Ruling

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Related to Revenue Rulings: Private Letter Rulings

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.

References in periodicals archive ?

Revenue Ruling 2010-5 allows disclosure of taxpayer names and type of services provided by a preparer to the extent necessary to obtain professional liability insurance coverage, including obtaining price quotes for coverage.

Allowed uses of taxpayer info widened

Contrary to the Sixth and Ninth Circuits, the Eighth Circuit has refused to apply the Skidmore deference standard to revenue rulings; see O'Shaughnessy, 332 F3d 1125 (8th Cir.

How much authority do revenue rulings have?

Revenue Ruling 2002-19 really did not change the IRS' position.

Deduction or distraction? The U.S. treasury's stance on obesity. (Federal Taxation)

The frequency showed "a degree of recurrence, continuity and availability" (Revenue Ruling 77-356).

Self-employment or other income?

* Revenue Ruling 59-60: well-written guidance on valuation of closely held stock for estate and gift tax

Uniform standards for business valuations. (Federal Taxation)

Based on these revenue rulings, for most practical purposes, the parent, after a subsidiary's liquidation, is viewed as if it has always operated that subsidiary's business.

"Check-the-box" election avoided FPHCI taint

According to this study, the IRS published 434 revenue rulings in 1979.

The Office of Chief Counsel: a renewed commitment to guidance

Tax Links is especially notable for its links to online databases of IRS revenue procedures (1995 to present) and IRS revenue rulings (1970 to present).

WEBSITE OF THE MONTH: TAX LINKS

Two recent revenue rulings on the expansion exception to the Sec.

Sec. 355's expansion exception extended

However, the Ninth Circuit decision that revenue rulings deserve Skidmore deference is not uniformly accepted.

Timely refund claims

TEI filed an amicus brief in support of the taxpayer in the case last fall because the Federal Circuit had relied on the lack of deference accorded IRS revenue rulings in ruling against the government.

Supreme Court adopts TEI's alternative argument in Mead

IRS Revenue Rulings 2000-33 and 2000-35 follow Revenue Ruling 2000-8, which allows default elections for IRC section 401(k) plans.