level: Level 1
Questions and Answers List
level questions: Level 1
| Question | Answer |
|---|---|
| extremely authoritative | regulations |
| as authoritative as law itself | legislative |
| lesser than legislative but still authoritative | interpretive (general) |
| significant weight | revenue rulings (junior regulations) and procedures |
| potentially useful information | notices and announcements |
| least authoritative | PL and TAMs |
| not authoritative | publications and form instructions |
| Technical Advice Memo | TAM |
| requested by IRS agent, similiar to PLR, deals with complete transactions | tam |