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.

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 ?

The court looked favorably on the IRS's citation of Revenue Ruling 75-44 and took an expansive view of wages.

Certain tax issues concerning employee termination fees

The Ninth Circuit has held that the Mead decision requires lower courts to give Skidmore deference to revenue rulings because they are closely akin to Customs Service tariff rulings, to which the Mead Court applied the Skidmore deference standard; see Omohundro, 300 F3d 1065 (9th Cir.

How much authority do revenue rulings have?

However, the proposed revenue ruling may raise more questions regarding limitations on permissible recruitment tools that the IRS identified.

IRS proposed "physician recruitment" revenue ruling offers few kernels in search for

Formerly, taxpayers could deduct the costs of weight-loss programs only if the programs were in conjunction with treatment of another disease, a position confirmed in Revenue Ruling 2002-19 in the treatment of hypertension for the case of "Taxpayer B," who was not also diagnosed with obesity.

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

In revenue ruling 72-268, certain payments representing liquidated damages made by an employer to its employees were neither remuneration for employment nor wages for federal employment tax purposes (including income tax withholding).

"Wages" and the employer-employee relationship: a change in IRS position on withholding

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

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

Timely refund claims

The number of revenue rulings has been less than 100 every year since 1992.

The Office of Chief Counsel: a renewed commitment to guidance

com), which bills itself as "the only complete IRS revenue ruling database online.

WEBSITE OF THE MONTH: TAX LINKS

LILO transactions ceased when the Treasury Department issued the first of its revenue rulings on the product back in March 1999 (revenue ruling 99-14), which was subsequently followed by final section 467 regulations and revenue ruling 2002-69.

Equipment Leasing Association Comments on Senate Finance Committee's October 21 Hearing on Tax Shelters

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

Sec. 355's expansion exception extended

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