FT MarketWatch

Private letter ruling

A letter sent by the IRS in response to a request for clarification or interpretation of a Tax law as it applies to a specific question or situation.

Related Terms: 3 ECI, FICA, Tax
Other Related Pages: Category: Taxes Starting With: P
Additional Related Terms: 10-Q, Allowance for depreciation, Accrual of discount, After-tax basis, Amortization of premium, At par, All or any part, At best, At call, Accumulated earnings tax