Question 1
When the Tax Court follows the opinion of the circuit court of appeals to which the case is appealable, the court is following the
◦ Golsen rule.
◦ Acquiescence rule.
◦ Forum shopping rule.
◦ Conformity rule.
Question 2
Which of the following best describes the weight of a revenue ruling?
◦ Revenue rulings carry more weight than regulations.
◦ Revenue rulings carry more weight than federal court decisions.
◦ Regulations carry more weight than revenue rulings.
◦ Revenue rulings should never be used as authority since they only apply to the taxpayer requesting the ruling.