Question 1

Circuit Courts are administrative sources of the Federal tax law.

Accepted Answer

A) True 
 B)False

Question 2

The term 'not less than 50' represents only those numbers which are more than 50.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following statements is INCORRECT regarding the structure of the Internal Revenue Code:

Accepted Answer

A)  Code section numbers start over in each chapter. 
B)  Each Code section is used only once in the Internal Revenue Code. 
C)  Code sections inserted between existing section numbers are indicated by adding a capital letter to the Section number (e.g. Section 25
A)  
D)  The Internal Revenue Code is Title 26 of the United States Code. 
A)  Code section numbers start over in each chapter. 
B)  Each Code section is used only once in the Internal Revenue Code. 
C)  Code sections inserted between existing section numbers are indicated by adding a capital letter to the Section number (e.g. Section 25
A)  
D)  The Internal Revenue Code is Title 26 of the United States Code.

Question 4

Tax treaties are agreements negotiated between countries concerning the treatment of entities subject to tax in both countries.

Accepted Answer

A) True 
 B)False

Question 5

What information is included in the history of a Code section?

Accepted Answer

The history of a Code section includes a

Question 6

Subtitle A of the Internal Revenue Code deals with:

Accepted Answer

A)  estate and gift taxes 
B)  employment taxes 
C)  income taxes 
D)  excise taxes 
A)  estate and gift taxes 
B)  employment taxes 
C)  income taxes 
D)  excise taxes

Question 7

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following statements is CORRECT regarding the definition of terms in the Internal Revenue Code?

Accepted Answer

A)  All definitions are included in Section 7701. 
B)  Definitions are always included within the Code section to which they apply. 
C)  Definitions are written into the Code by the IRS rather than included in tax laws passed by Congress. 
D)  Sometimes, a researcher may need to consult the regulations to find a complete definition of a term. 
A)  All definitions are included in Section 7701. 
B)  Definitions are always included within the Code section to which they apply. 
C)  Definitions are written into the Code by the IRS rather than included in tax laws passed by Congress. 
D)  Sometimes, a researcher may need to consult the regulations to find a complete definition of a term.

Question 9

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty which addresses some tax- related issues.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following sections of the Internal Revenue Code deal with partnerships?

Accepted Answer

A)  the 700s 
B)  the 300s 
C)  Section 162 
D)  Section 501 
A)  the 700s 
B)  the 300s 
C)  Section 162 
D)  Section 501

Question 11

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

Accepted Answer

A)  taxes imposed by Congress must apply uniformly throughout the U.S. 
B)  no direct taxes may be imposed on income 
C)  all revenues from the federal income tax must be apportioned to the population of the states from which they were collected 
D)  all of the above 
A)  taxes imposed by Congress must apply uniformly throughout the U.S. 
B)  no direct taxes may be imposed on income 
C)  all revenues from the federal income tax must be apportioned to the population of the states from which they were collected 
D)  all of the above

Question 12

A "tax protester" is:

Accepted Answer

A)  a person who files a 'frivolous' return with the IRS 
B)  a person who brings a "frivolous" matter before the Tax Court 
C)  can be subject to a penalty for frivolous Tax Court petitions 
D)  all of the above 
E)  only a and b 
A)  a person who files a 'frivolous' return with the IRS 
B)  a person who brings a "frivolous" matter before the Tax Court 
C)  can be subject to a penalty for frivolous Tax Court petitions 
D)  all of the above 
E)  only a and b

Question 13

List several issues that tax treaties commonly address.

Accepted Answer

Any tax matter may be covered in a tax t

Question 14

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is CORRECT regarding the Floor Debate Report?

Accepted Answer

A)  It is contained in the Congressional Record. 
B)  Technical or detailed information excluded from the committee report(s) may be included 
C)  It summarizes the discussions made in the House or the Senate concerning a proposed tax bill. 
D)  All of the above statements are correct. 
A)  It is contained in the Congressional Record. 
B)  Technical or detailed information excluded from the committee report(s) may be included 
C)  It summarizes the discussions made in the House or the Senate concerning a proposed tax bill. 
D)  All of the above statements are correct.

Question 16

A subtitle of the Internal Revenue Code:

Accepted Answer

A)  is indicated by a capital letter, such as "Subtitle A" 
B)  relates to a well-defined area of the law 
C)  is used as a short-hand reference to describe types of corporations 
D)  only a and b 
E)  all of the above 
A)  is indicated by a capital letter, such as "Subtitle A" 
B)  relates to a well-defined area of the law 
C)  is used as a short-hand reference to describe types of corporations 
D)  only a and b 
E)  all of the above

Question 17

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

Accepted Answer

A) True 
 B)False

Question 18

In Pollock v. Farmers' Loan and Trust Co., the Supreme Court held that the income tax was unconstitutional
because it was a constitutionally prohibited 'direct tax'.

Accepted Answer

A) True 
 B)False

Question 19

Historically, the 1913 income tax was a tax on wealthy and high income taxpayers.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following statements is CORRECT regarding tax treaties:

Accepted Answer

A)  They are authorized by the U.S. Constitution. 
B)  They are usually initiated by the State Department, not the Treasury. 
C)  The U.S. can have multiple types of tax treaties with one country. 
D)  All of the above statements are correct. 
A)  They are authorized by the U.S. Constitution. 
B)  They are usually initiated by the State Department, not the Treasury. 
C)  The U.S. can have multiple types of tax treaties with one country. 
D)  All of the above statements are correct.

Circuit Courts are administrative sources of the Federal tax law.

The term 'not less than 50' represents only those numbers which are more than 50.

Which of the following statements is INCORRECT regarding the structure of the Internal Revenue Code:

Tax treaties are agreements negotiated between countries concerning the treatment of entities subject to tax in both countries.

What information is included in the history of a Code section?

Subtitle A of the Internal Revenue Code deals with:

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Which of the following statements is CORRECT regarding the definition of terms in the Internal Revenue Code?

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty which addresses some tax- related issues.

Which of the following sections of the Internal Revenue Code deal with partnerships?

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

A "tax protester" is:

List several issues that tax treaties commonly address.

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Which of the following is CORRECT regarding the Floor Debate Report?

A subtitle of the Internal Revenue Code:

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

In Pollock v. Farmers' Loan and Trust Co., the Supreme Court held that the income tax was unconstitutional because it was a constitutionally prohibited 'direct tax'.

Historically, the 1913 income tax was a tax on wealthy and high income taxpayers.

Which of the following statements is CORRECT regarding tax treaties:

Introduction to Tax Practice and Ethics

Tax Research Methodology

Administrative Regulations and Rulings

Judicial Interpretations

Tax Services Ria Checkpoint

Tax Services Cch Intelliconnect

Tax Services Specialty and Others

Multijurisdictional and Other Research

Financial Accounting Research

Communicating Research Results

Tax Planning

Working With the Irs

Tax Practice and Administration: Sanctions, Agreements, and Disclosures

Filters

Exam 3: Constitutional and Legislative Sources

Circuit Courts are administrative sources of the Federal tax law.

The term 'not less than 50' represents only those numbers which are more than 50.

Which of the following statements is INCORRECT regarding the structure of the Internal Revenue Code:

Tax treaties are agreements negotiated between countries concerning the treatment of entities subject to tax in both countries.

What information is included in the history of a Code section?

Subtitle A of the Internal Revenue Code deals with:

The Joint Conference Committee is called on to resolve differences between the House Ways and Means Committee version and the full House version of tax legislation.

Which of the following statements is CORRECT regarding the definition of terms in the Internal Revenue Code?

The North American Free Trade Agreement (NAFTA) is a non-tax international treaty which addresses some tax- related issues.

Which of the following sections of the Internal Revenue Code deal with partnerships?

Regarding the taxing powers of the federal government, the U.S. Constitution requires that:

A "tax protester" is:

List several issues that tax treaties commonly address.

A report of Floor Debate is included in the Congressional Record and may include some detailed or technical information that is excluded from a Committee Report.

Which of the following is CORRECT regarding the Floor Debate Report?

A subtitle of the Internal Revenue Code:

Whenever a major new tax law is passed, CCH and RIA both publish the related Committee Reports.

In Pollock v. Farmers' Loan and Trust Co., the Supreme Court held that the income tax was unconstitutional because it was a constitutionally prohibited 'direct tax'.

Historically, the 1913 income tax was a tax on wealthy and high income taxpayers.

Which of the following statements is CORRECT regarding tax treaties:

Introduction to Tax Practice and Ethics

Tax Research Methodology

Administrative Regulations and Rulings

Judicial Interpretations

Tax Services Ria Checkpoint

Tax Services Cch Intelliconnect

Tax Services Specialty and Others

Multijurisdictional and Other Research

Financial Accounting Research

Communicating Research Results

Tax Planning

Working With the Irs

Tax Practice and Administration: Sanctions, Agreements, and Disclosures

Filters