Components of the common body of tax law

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Reference no: EM13142006

Describe the components of the common body of tax law (CBOTL). Include in your response answers to the following questions:

a. What role does the U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.

b. Guidance on the tax law - what types of tax law guidance are published by the IRS?

Reference no: EM13142006

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