Is a private letter ruling authoritative for all taxpayers

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Reference no: EM132669673

Problem 1: What will the following search retrieve: Depreciation /5 driveway.

a. All documents with the word depreciation located within five words of the word driveway.
b. All documents with the word depreciation located within five sentences of the word driveway.
c. All documents that contain either the word depreciation or the word driveway or both words.
d. Only documents that contain the phrase "Depreciation /5 driveway".

Problem 2: Is a Private Letter Ruling authoritative for all taxpayers?

a. Yes.
b. No,

Problem 3: Are Treasury Regulations primary sources of law?

a. Yes.
b. No.

Reference no: EM132669673

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