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Taxation: Regulations, Code sections, citations, Citator

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1. In Reg. 1.165-1, the number appearing immediately to the right of the decimal point in a regulation citation refers to the
A. code section being interpreted
B. sequential number of the regulation
C. general subject matter of the regulation
D. paragraph of the code section being interpreted

2. The citation, "Reg. Sec. 1.61-2" refers to
A. the first regulation issued in 1961
B. the second regulation issued in 1961
C. a regulation that can be found on page 61
D. a regulation that interprets Code Section 61.

3. Which regulation deals with Code Section 212?
A. Reg. Sec. 1.212-5
B. Reg. Sec. 1.5-212
C. Reg. Sec. 212.183-5
D. Reg. Sec. 212A-5

4. The citation "Rev. Rul. 2006-8, 2006-1 C.B. 541," refers to
A. the eighth ruling of 2006 found on page 541 in Vol. 1 of the 2006 Cumulative Bulletin
B. the eighth ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin
C. the 541st ruling of 2006 found on page eight in Vol. 1 of the 2006 Cumulative Bulletin
D. the 1st ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin

5. Why does a researcher use a citator?
A. to check on authorities issued subsequent to a court decision
B. to determine whether a private letter ruling exists on the subject
C. for examples of the application of a tax provision
D. none of the above

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Solution Summary

Solution explains to concepts of Regulations, code sections, citations, use of citators by answering multiple choice questions on number of regulation, etc.

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1. In Reg. 1.165-1, the number appearing immediately to the right of the decimal point in a regulation citation refers to the
A. code section being interpreted

Ref: ...

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