Identify Which of the Following Statements Is True

Multiple Choice

Identify which of the following statements is true.

A) Regulations have more authoritative weight than tax statutes.
B) Legislative regulations are more likely to be invalidated by the courts than are interpretative regulations.
C) If regulations are issued prior to the latest tax legislation dealing with a specific Code section, the regulations are no longer effective to the extent they conflict with the provisions in the new legislation.
D) All of the above are false.