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It's not general tax law. A private letter ruling doesn't necessarily apply to you. We just had a consultation with a client who thought that a private letter ruling would get him off the hook for the amount of tax that he owed. A private letter ruling instead only applies to the person who applied for it and for the business that applied for it. So don't think that it applies to you. It's not general tax law.

It's not general tax law. A private letter ruling doesn't necessarily apply to you. We just had a consultation with a client who thought that a private letter…

Ideas in this flowchart

  • Private Letter Ruling Misconception
  • Not General Tax Law
  • Applies Only to Applicant
  • Consultation Example
  • Client's Misunderstanding
  • Private Letter Ruling Limits
  • Applies to Specific Person or Business
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It's not general tax law. A private letter ruling doesn't necessarily apply to you. We just had a consultation with a client who thought that a private letter ruling would get him off the hook for the amount of tax that he owed. A private letter ruling instead only applies to the person who applied for it and for the business that applied for it. So don't think that it applies to you. It's not general tax law.

"Tax Consultation"

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