Who is taxed, according to code?
Tax Law…
United States Code
“Federal tax law begins with the Internal Revenue Code (IRC), enacted by Congress in Title 26 of the United States Code (26 U.S.C.).”
– www.irs.gov/taxpros/article/0,,id=98137,00.html
Code of Federal Regulations
“Treasury Regulations (26 C.F.R.)–commonly referred to as Federal tax regulations– pick up where the Internal Revenue Code (IRC) leaves offby providing the official interpretation of the IRC by the U.S. Department of the Treasury”
– www.irs.gov/taxpros/article/0,,id=98137,00.html#26cfr
Fact: USC + CFR = Tax Law
Read the rest here: http://whatistaxed.com/who_is_taxed.htm
The Internal Revenue Code is listed separately from Title 26 United States Code. They are identical. Why the redundancy. Do they have the same authority? The IRS only refers to the IRC. The IRS NEVER refers to Title 26. It appears that the IRC is a private law, and Title 26 is public law.