Revenue Ruling

A Revenue Ruling (abbreviated "Rev. Rul.") is issued by the National Office of the I.R.S. to express an official interpretation of the tax law as applied to specific transactions. Unlike a Regulation, it is more limited in application. A Revenue Ruling is first published in an Internal Revenue Bulletin (I.R.B.) and later transferred to the appropriate Cumulative Bulletin (C.B.). Both the Internal Revenue Bulletins and the Cumulative Bulletins are published by the U.S. Government Printing Office and many commercial tax services. I.R.C. No. 7805.
See also letter ruling
- private letter ruling

Black's law dictionary. . 1990.

Look at other dictionaries:

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  • letter ruling — n: a ruling (as of a court or administrative agency) that is made in a letter (as an opinion or determination letter); also: determination letter at letter 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

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