Final answer:
The assertion that tax research communications do not include a clear statement of the issue is false. A clear statement of the issue is essential in tax research to guide the research process and contextualize findings.
Step-by-step explanation:
The statement that a memorandum or other form of communication used to report the results of tax research will not include a clear statement of the issue is false. It is standard practice in tax research to begin documents with a clear statement of the issue being researched. This statement provides a focused question that the research seeks to answer and is critical for understanding the context and applicability of the research findings. Including a clear statement of the issue helps to ensure that the research addresses the correct questions and that the findings can be appropriately applied to the situation at hand.
Study/Discussion Questions
- Explain the economic impact of taxes
- List three criteria for effective taxes