What are the statutory sources of tax law?

The U.S. Constitution, U.S. statutes and their legislative histories, and U.S. tax treaties are all legislative sources of federal tax law. The United States Constitution contains seven references to taxes, which provide the basis for our federal tax law.

Which is a primary source of tax law?

Statutes are the primary source of federal tax law; they are the supreme law of the land outside of the Constitution (and Tax Treaties, discussed below). Because of the importance of statutory law, the legislative history underlying the enactment of these statues is also an important source of federal tax law.

What are sources of taxation?

Tax is levied on income from many sources: Wages (selling labor) Interest, dividends, and gains from investment (selling capital) Self-employment (operating a business or selling a good or service)

Which of the following is an administrative source of tax law quizlet?

Circuit Courts are administrative sources of the Federal tax law.

What is an administrative source of tax law?

Administrative Law Sources

There are four key pronouncements promulgated by the IRS and the Treasury Department: regulations, revenue rulings, revenue procedures, and letter rulings.

What are the 3 primary sources of tax law?

Federal tax research involves a large variety of primary sources of law: the Internal Revenue Code, Treasury regulations, case law, and several types of agency guidance published by the Internal Revenue Service.