Revenue Notice
/ˈrɛvəˌnuː ˈnoʊtɪs/
Definitions
- (n.) An official announcement issued by a tax authority providing guidance on the administration and application of tax laws.
The IRS issued a revenue notice clarifying the new deduction rules.
Forms
- revenue notice
- revenue notices
Related terms
See also
Commentary
Revenue notices do not have the binding authority of regulations or statutes but offer interpretive guidance to taxpayers and practitioners.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.