Question

Some regulations rephrase or elaborate what Congress stated in the Committee Reports that were issued when the tax legislation was enacted. These are called _____ Regulations.

a. Judicial
b. Legislative
c. Congressional
d. Procedural
e. Interpretive

Answer 1

The regulations that rephrase or elaborate what Congress stated in the Committee Reports during the enactment of tax legislation are called interpretive regulations.

Step-by-step explanation:

Some regulations rephrase or elaborate on what Congress stated in the Committee Reports that were issued when the tax legislation was enacted. These regulations are called interpretive regulations. Interpretive regulations are issued by administrative agencies and are intended to clarify or explain existing statutes, providing guidance on how the law should be applied.

It's important to note that interpretive regulations don't have the same legal authority as statutes passed by Congress but serve to interpret those statutes' intentions and application. Agencies create these regulations to help enforce the law consistently, and they can hold significant influence over how laws are implemented and understood.