Describe the components of the common body of tax law

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

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

What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?

2. Explain the Constructive Receipt Doctrine.

Reference no: EM13157641

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