Question

Which statement is CORRECT regarding the United States Tax Court?

a. The Tax Court will hear any Federal case.
b. The Tax Court is an appeals court.
c. The Tax Court must follow decisions of the District Court with jurisdiction over the taxpayer.
d. None of the above statements are correct.

Answer 1

The correct statement regarding the United States Tax Court is that none of the above statements are correct.

Step-by-step explanation:

The correct statement regarding the United States Tax Court is d. None of the above statements are correct. The Tax Court is not an appeals court and it does not hear any Federal case. Additionally, the Tax Court is not required to follow decisions of the District Court with jurisdiction over the taxpayer. The Tax Court is an independent court that primarily handles cases involving disputes between taxpayers and the Internal Revenue Service (IRS).