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LSDefine

Simple English definitions for legal terms

Treasury Regulation

Read a random definition: automatic suspension

A quick definition of Treasury Regulation:

Treasury Regulation: A rule made by the U.S. Treasury Department to explain or interpret a part of the Internal Revenue Code. These rules are important for everyone who pays taxes and must be followed.

A more thorough explanation:

Definition: A Treasury Regulation is a rule created by the U.S. Treasury Department to explain or interpret a specific part of the Internal Revenue Code. These regulations are legally binding for all taxpayers.

For example, if the Internal Revenue Code states that a certain type of income is taxable, a Treasury Regulation may provide further details on how that income should be reported and taxed. This helps ensure that taxpayers understand their obligations and can comply with the law.

Another example of a Treasury Regulation might be one that explains how deductions for charitable donations should be calculated. By providing clear guidelines, the regulation helps ensure that taxpayers are able to claim the appropriate deduction and avoid penalties for underpayment.

Treasury Department | Treasurys

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babycat
17:29
@1a2b3c4d26z: they hate us cuz they ain’t us
1a2b3c4d26z
17:30
Yea, if you want to actually talk about law school admissions go to off topic
1a2b3c4d26z
17:30
Obviously
17:31
duh
HopefullyInLawSchool
17:32
Should I go to Kansas law? they have good rankings, they pay for out of state bar prep, and their mascot is a hawk too
17:33
do they let you achieve your career goals?
17:33
on a timeline you fucks wit
babycat
17:33
I don’t get why people are always trying to talk about law schools on this website for people who like to make little jokes and be silly
sup baby @1a
1a2b3c4d26z
17:33
yoooo
what up pimp
any as?
1a2b3c4d26z
17:33
playin some clash royale at my desk
litty
how many trophies
1a2b3c4d26z
17:34
not yet :(
itll come in dues time
1a2b3c4d26z
17:34
Stuck at just over 7000
we are due for berk
goated
1a2b3c4d26z
17:34
We are due
17:34
@babycat: is the LSD
1a2b3c4d26z
17:34
It's a law of statistics
do we get a wave tmr
1a2b3c4d26z
17:34
yea
1a2b3c4d26z
17:34
just me u and egg tho
hell yeah
did you apply to gulc daddy
1a2b3c4d26z
17:34
yessur
lfg
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