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QUESTION
a. What roles do the U.S. Constitution and U.S. Congress play in creating the tax law? b. What does The Common Body of Tax Law (CBOTL) consist of?
a. What roles do the U.S. Constitution and U.S. Congress play in creating the tax law? b. What does The Common Body of Tax Law (CBOTL) consist of? Briefly explain how a tax bill becomes a tax law.c. What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?
