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Rank the following items from the lowest (1) to highest (6) authority in the Federal tax law system: Ranking a. Interpretive Regulation. b. Legislative Regulation. c. Letter Ruling. 1 d. Revenue Ruling. e. Internal Revenue Code. f. Proposed Regulation.

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6 votes

Answer:

Items are being ranked from lowest (1) to highest (6)-

1. Letter ruling.

2. Proposed Regulation.

3. Revenue Ruling.

4. Interpretive Regulation.

5. Legislative Regulation.

6. Internal Revenue Code.

Step-by-step explanation:

Federal tax law system: The term "federal tax law system" is described as a system that is being administered through the IRS that is responsible for collecting money on the basis of "earned income". Federal income tax is supposed to be collected by a "withholding process" wherein the employer tend to deduct tax from every employee payroll.

In the question above, the given statement represents the answer as c-f-d-a-b-e.

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