revenue ruling Tax Law and Tax Inforcement legal dictionary - legal glossary revenue ruling
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It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content.
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Legal Dictionary
Tax Law and Tax Inforcement
Term: revenue ruling
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n. a published opinion of the Internal Revenue Service stating what it would rule on future tax questions based on the same circumstances. These rulings are of general use to taxpayers, tax preparers, accountants and attorneys in anticipating tax treatment by the IRS.
They have the force of law until otherwise determined by the federal tax court or a new revenue ruling. See also: income tax.
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